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Record selected for passive hedging mandate
StockMarketWire.com
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Currency investment manager Record has, subject to contract, been selected for a passive hedging mandate initially between approximately $8bn and $10bn.
Assuming contract negotiations conclude successfully, this mandate is expected to commence during the fourth calendar quarter this year.
At 3:52pm: (LON:REC) share price was +1.88p at 32.88p
Story provided by StockMarketWire.com
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