NETHERLANDS - A Bureau Bosch survey has shown that over half the Netherlands' Ä1.1trn (US$1.7trn) in pension fund assets were managed by foreign companies in 2007, with Ä173bn in a fiduciary, multi-manager or overlay capacity.
As so much money has been 'farmed out', pension funds have been urged to exercise caution and employ proper due diligence to ensure they get what they pay for. Bart Heenk, managing director of t...
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