ABP investment hits the right note

clock •

NETHERLANDS - The €215bn (US$339.5bn) ABP fund has acquired classical music publishing and rights group Boosey & Hawkes for £126m (US$248.6m).

Boosey & Hawkes owns the rights to more than 116,000 pieces of music and choreography, including many of the works of Stravinsky, Rachmaninoff, Benjamin Britten and Prokofieff. Ronald Wuijster,...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Netherlands

Netherlands

Falling coverage ratios will hamper Dutch pension funds' buy-out efforts, warns ABN Amro

NETHERLANDS - ABN Amro predicts half of Dutch company pension funds will shift assets to insured schemes.

Thomas Whittaker at Risk.net
clock 01 November 2011 •
Netherlands

Falling interest rates pummel funding ratios at PFZW, ABP

NETHERLANDS - Dropping interest rates knocked the coverage ratio for Pensioenfonds Zorg & Welzijn (PFZW) down to 91% and Stichting Pensioenfonds ABP's down to 90%.

Raquel Pichardo-Allison
clock 20 October 2011 •
Netherlands

State Street wins Dutch pension custody mandate

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.

Jaishree Kalia
clock 19 October 2011 •
Trustpilot