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AMP Awards $800M Mandate To Epoch

AMP Future Directions Funds has awarded a mandate to Epoch Investment Partners.

AMP Future Directions Funds has awarded a mandate to Epoch Investment Partners, Pensions & Investments reports. The New York-based investment management firm will manage $800 million in a multimanager fund.

Epoch’s global shareholder yield was chosen as a key defensive tactic for AMP’s core international share fund. AMP redeemed its investment in a Wellington global equity strategy to fund the mandate.

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