Dutch pension fund PWRI awards real estate, mortgage mandate to F&C

Related Categories

PWRI, the €8.3bn pension fund for disabled workers in the Netherlands, has extended its fiduciary mandate with F&C for €882m of real estate and residential mortgage holdings.

The mandate is for strategic advice, including portfolio construction, manager selection, monitoring, reporting and daily-management support, such as the allocation of cash flows.

Kees de Wit, chairman of PWRI’s investment committee, said: “F&C, with its expertise of the property and mortgages markets … will enable us to make the right investment choices for our strategic portfolio.”

He said the pension fund’s investment decisions were based not only on a risk/return assessment but ESG criteria.

PWRI has already appointed F&C as its adviser for and executor of its ESG investment policy.

F&C has €103bn in assets under management, including €35bn for institutional investors in the Netherlands.

Have your say

You must sign in to make a comment


Your first step in manager selection...

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

  • QN-2503

    Asset class: Equities.
    Asset region: Emerging Markets.
    Size: EUR 30m.
    Closing date: 2019-01-31.

  • QN-2505

    Asset class: Real Estate Core/Core-Plus Multi-sector strategy.
    Asset region: Asia-Pacific.
    Size: $ 50m.
    Closing date: 2019-01-28.

  • QN-2506

    Asset class: Currency Overlay.
    Asset region: Global.
    Size: USD 4 bn..
    Closing date: 2019-02-11.

Begin Your Search Here