The British arm of Dutch fiduciary manager MN has been bought by Kempen Capital Management (KCM), a subsidiary of Van Lanschot.
Sun Chemical Pension Scheme has given fiduciary manager Mercer the axe and handed the £360m mandate to Goldman Sachs Asset Management (GSAM).
A common criticism of fiduciary management is that trustees can lose control of investment strategy. Christy Jesudasan says this should not be the case.
PP looks at the progress made tackling this perennial problem
Nick Clapp has been appointed to client director by MN and will work in the fiduciary manager's London office.
MN has appointed the former pension trustee director of LawDeb Pension Trustees Donny Hay as head of clients to strengthen its UK fiduciary management business.
MN has appointed Christy Jesudasan, Algie Ko and Jeannot Huijen to senior roles in its UK office.
MN has restructured its senior team for the second time in a month following a number of senior departures at the business.