NETHERLANDS - Allianz Netherlands Asset Management (ANAM) is to be integrated into Allianz Global Investors Investments Europe, with the latter assuming responsibility for the management of Allianz fixed income, equity and balanced assets totalling €6bn ($8.6bn).
Rotterdam-based ANAM is the third portfolio management team to be integrated into AllianzGI Investments Europe from an Allianz entity since its launch in May 2010 and joins teams from Zurich and Munich...
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.