mast image

Special Report

Impact investing

Sections

Achmea investment funds unit awards €230m mandate to Standish Mellon

Related images

  • Achmea investment funds unit awards €230m mandate to Standish Mellon

NETHERLANDS - Achmea Beleggingsfondsen Beheer has awarded a €230m fixed income mandate to Standish Mellon Asset Management, a subsidiary of BNY Mellon Asset Management.

The appointment sees Achmea expand its number of investment managers from one to three, with Standish the only one located outside the Netherlands.

The company will manage European fixed income for the Dutch insurer, with David Leduc, managing director of global fixed income, overseeing all investments for Standish.

Desmond Mac Intyre, chief executive of Standish, said he was delighted by the appointment and praised that companies were increasingly looking to diversify beyond domestic portfolios to guarantee returns.

“Fast-growing economies are likely to offer opportunities to investors in both sovereign and corporate debt securities,” he added.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2546

    Asset class: Real Estate Equity Fund (non listed).
    Asset region: Europe.
    Size: Total CHF 600m, approx. CHF 100-300m per fund investment.
    Closing date: 2019-06-28.

Begin Your Search Here
<