Key Takeaways
- • Payden & Rygel has renewed its management mandate from the Arco Pension Fund, covering a total value of €160 million.
- • The renewed mandate is an active global multi-asset balanced strategy for the Prudential Balanced Sub-Fund, allocated 70% fixed income and 30% equities.
- • Payden & Rygel, with over $160 billion in assets under management worldwide, is an independent, privately owned firm headquartered in Los Angeles with offices in Boston, London and Milan.
- • The renewal reflects continued institutional confidence in the firm's focus on liquidity management, risk control and capital preservation, according to executives quoted in the announcement.
Summary
Payden & Rygel has secured the renewal of its management mandate from the Arco Pension Fund, according to RankiaPro. The renewed mandate covers the active global multi-asset balanced strategy for the Prudential Balanced Sub-Fund and carries a total value of €160 million. The portfolio is allocated 70% to fixed income and 30% to equities.
Antonella Manganelli, CEO of Payden & Rygel Italy, said the firm was delighted to be selected again by the Arco Pension Fund and remains committed to tailor-made investment solutions designed to meet the specific needs of the Fund and its members. Joan Payden, founder and CEO of Payden & Rygel, described the collaboration as a source of great pride and said the firm will continue to build diversified portfolios with global market exposure, with a strong focus on liquidity management, risk control and capital preservation, in line with the firm's long-standing philosophy.
Payden & Rygel describes itself as one of the world's leading independent and privately owned investment management firms, specialising in active portfolio management for institutional clients. The firm reports over $160 billion in assets under management worldwide and serves clients including central banks, pension funds, insurance companies, universities, private banks and foundations. It is headquartered in Los Angeles, with offices in Boston and investment hubs in London and Milan.
Antonella Manganelli, CEO of Payden & Rygel Italy, said the firm was delighted to be selected again by the Arco Pension Fund and remains committed to tailor-made investment solutions designed to meet the specific needs of the Fund and its members. Joan Payden, founder and CEO of Payden & Rygel, described the collaboration as a source of great pride and said the firm will continue to build diversified portfolios with global market exposure, with a strong focus on liquidity management, risk control and capital preservation, in line with the firm's long-standing philosophy.
Payden & Rygel describes itself as one of the world's leading independent and privately owned investment management firms, specialising in active portfolio management for institutional clients. The firm reports over $160 billion in assets under management worldwide and serves clients including central banks, pension funds, insurance companies, universities, private banks and foundations. It is headquartered in Los Angeles, with offices in Boston and investment hubs in London and Milan.
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