FT buys digital pension service MandateWire

THE Financial Times has bought MandateWire, a London-based provider of information on European pension mandates for an undisclosed sum.<br /><br />The digital, subscription-based service analyses 2,000 EU pension funds and sends out details to analysts at fund management groups.<br /><br />An FT spokesman said the deal &ldquo;further consolidates the FT&rsquo;s global position with fund management groups, following our successful acquisition of Money-Media in 2008.&rdquo;