mast image

Special Report

Impact investing

Sections

Foreign managers gain in Dutch pension market

NETHERLANDS - Foreign asset managers have gained in the €528bn Dutch pensions market, according to consulting firm Bureau Bosch.

"Foreign asset managers are the winners of new Dutch pension plan money if mergers and take-overs are included," it said. It said Dutch firms had lost market share as a result of large shifts between parties.

The shifts include Merrill Lynch’s acquisition of Philip’s in-house pensions management arm and ISIS’s takeover of F&C.

Bureau Bosch added: "Half of the asset management of Dutch pension money is in the hands of foreign asset managers."

The firm surveyed around 80 investment managers managing money on behalf of Dutch pension plans.

Dutch managers’ assets rose €20.6bn but foreigners’ assets rose by €21.1bn after the takeovers.

The consulting firm said that new Dutch regulations require a “profound knowledge of local regulations and tailor made solutions” which could offer Dutch managers a comparative advantage.

And it said that the total of Dutch institutional assets managed externally has grown to €345bn from 2004’s €316bn – a 9% rise.

“Barclays Global Investors is still by far the largest manager of Dutch pension money,” Bureau Bosch said, adding it manages 12.8% of all externally managed Dutch pension plan money.

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-2548

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 300-400m.
    Closing date: 2019-07-30.

  • QN-2549

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 300-700m.
    Closing date: 2019-07-30.

  • QN-2550

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2551

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2552

    Asset class: Fixed Income, High Yield (Active).
    Asset region: High Yield (US).
    Size: CHF 500-600m.
    Closing date: 2019-07-29.

  • QN-2553

    Asset class: Fixed Income, High Yield (Passive or Passive Enhanced).
    Asset region: High Yield (US).
    Size: CHF 500-1'100m.
    Closing date: 2019-07-29.

  • QN-2554

    Asset class: Global Real Estate (Equity, unlisted Funds).
    Asset region: World (ex-Switzerland).
    Size: CHF 200 mn (potential for further growth).
    Closing date: 2019-08-07.

  • QN-2555

    Asset class: Real Estate.
    Asset region: European.
    Size: EUR 50 - 100 million.
    Closing date: 2019-07-22.

  • QN-2556

    Asset class: FX Hedging.
    Asset region: Global.
    Size: Mandate size of CHF 1.5 bn.
    Closing date: 2019-08-09.

  • QN-2557

    Asset class: All/large Cap Equities.
    Asset region: China A-shares.
    Size: Unit linked platform (0m USD in initial investment).
    Closing date: 2019-08-01.

Begin Your Search Here
<