Canara Robeco Wins $200M Mandate

Canara Robeco Asset Managementwas awarded a $200 million mandate by a Middle East investor,IPEreports. The firm had had received another $150 million mandate from a Dutch pension fund at the end of March 2011.

Canara Robeco Asset Management, which is a joint venture between Dutch asset managerRobecoand Indian bank,Canara, has €215.8 billion in assets under management. The asset manager focuses on Indian equity, bonds and money market products.

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