Fiduciary Trust Co. International will subadvise a U.S. large-cap equity fund for Daiwa Bank Capital Management, which in turn will sell the fund to Japanese pension plans. Fiduciary manages $46 billion worldwide, the company said in a statement, with almost a third of its institutional assets from 130 overseas clients. Daiwa Bank is one of the largest pension fund managers in Japan.
Fiduciary Trust Co. International will subadvise a U.S. large-cap...
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