NETHERLANDS - Dutch pension fund Pensioenfonds Zorg en Welzijn saw its (PFZW) coverage ratio rise to 104% at the end of Q4, six percentage points higher than the previous quarter.
The fund's total return was 12.6% for the year, down from 17.6% in 2009 but 4.4 percentage points higher than its average annual return of 8.2%. The fund returned 1.3% in the fourth quarter compared with...
US/NETHERLANDS - CB Richard Ellis (CBRE) has completed the acquisition of ING Real Estate Investment Management (ING REIM) Europe, marking the final stage of CBRE's absorption of ING's real estate business.
NETHERLANDS - ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes.
NETHERLANDS - Dropping interest rates knocked the coverage ratio for Pensioenfonds Zorg & Welzijn (PFZW) down to 91% and Stichting Pensioenfonds ABP's down to 90%.
NETHERLANDS - Dutch pension fund Stichting Pensioenfonds SABIC Innovative Plastics has appointed State Street Corporation to provide custody and other services for its €700m ($970m) in assets.
NETHERLANDS/US - Dutch pension fund APG and the US pension fund manager TIAA-CREF have joined forces to invest in five US shopping malls valued at $1.5bn.