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Wednesday 12 August 2009 8:00 pm

FT buys digital pension service MandateWire

By: admindrupal

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THE Financial Times has bought MandateWire, a London-based provider of information on European pension mandates for an undisclosed sum.

The digital, subscription-based service analyses 2,000 EU pension funds and sends out details to analysts at fund management groups.

An FT spokesman said the deal “further consolidates the FT’s global position with fund management groups, following our successful acquisition of Money-Media in 2008.”

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