PGGM mulls EUR250m tender

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THE NETHERLANDS - Dutch pension fund for health and social workers, PGGM, will consider later this year whether to outsource EUR250m of assets, currently handled by NIB Capital Asset Management (NIB).

The move follows a decision by pension fund giant ABP to take in NIB’s asset management in a bid to pump up its in-house global fixed-income operation. A spokeswoman for the EUR51bn PGGM fund sa...

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