A $34 billion superannuation fund has topped up its mandate with Payden & Rygel to manage a total of $700 million in assets.

Payden & Rygel did not disclose which super fund awarded the mandate but said the money was invested in the Payden Multi Asset Credit (PMAC) strategy, a diversified fixed income portfolio.

Read the Financial Standard article

Payden and Rygel

Payden & Rygel is one of the largest privately-owned global investment advisers. Founded in 1983, they manage fixed income and equity portfolios through domestic and international solutions.

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