State Street Global Advisors has been appointed by the Pegaso Pension Fund of Italy to manage more than EUR60m in active fixed income assets. Fondo Previdenziale Pegaso is a public pension scheme for employees of Italian gas and electric utilities.“We are pleased to be working with Pegaso, one of the premier pension funds in Italy, to provide them with a solution that specifically addresses their investment objectives,” says Marco Fusco, managing director for State Street Global Advisors in Italy.