NETHERLANDS - The €275m agricultural pension fund Campagne has appointed Mn Services as its fiduciary asset manager.

Under the terms of the deal, the Rijswijk-based asset manager will act as strategic adviser on portfolio balance management and investment policy for Campagne, as well as implement its asset management, the parties said in a joint statement.

"Mn Services' good reputation and experience as a pension investor, as well as its professional policy support, were deciding factors in our choice," explained Eddy Koning, director of Campagne,".

Patrick Dunnewolt, Mn Services' business development manager, also claimed: "Campagne's assignment proves that we are successful in the various parts of the fiduciary value chain, such as policy advice, portfolio construction, manager selection, balance management and integral reporting,"

Pensioenfonds Campagne was established in 1996 as the independent pensions provider of the pension schemes of companies affiliated with Cebeco, the cooperative agricultural purchase and sales company. Campagne has 6,300 participants.

Mn Services now has €56bn in assets under management and looks after pension schemes for 1.7m participants and 35,000 affiliated companies, largely in the metal working sector.

Most recently, the €365m Pensioenfonds Productschappen choose Mn Services as its fiduciary manager.

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