NETHERLANDS - Stichting Alcatel-Lucent Pensioenfonds has invested €25m ($36m) in an anti-benchmark world equity strategy run by French asset manager TOBAM, reducing BlackRock's global equity mandate by half.
The anti-benchmark strategy re-weights securities within an existing index in a way that achieves the most diversified portfolio possible and is meant to reduce volatility while adding marginal returns....
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.