mast image

Special Report

Impact investing

Sections

MLIM hires F&C Netherlands' van den Heuvel

NETHERLANDS - Merrill Lynch Investment Managers has hired André van den Heuvel from rival F&C to head institutional sales and client service in the Netherlands, a new role.

Van den Heuvel, 42, was previously director and head of marketing and sales at F&C Netherlands and will be responsible for building on MLIM's position in the Netherlands, Belgium and Luxembourg markets.

He would be replaced, said an F&C spokesman. "We haven't made the appointment yet but will be replacing him."

Last week F&C said it has had some net outflows from institutional clients predominantly in the Netherlands and the UK.

MLIM said it created the role as its business in the Netherlands expands with the acquisition of electronics group Philips' internal asset management arms and a seven-year contract to manage €12bn for Philips Pension Fund.

"He will continue to build our business in the Netherlands, which is the second biggest pension market in Europe after the UK," said Leen Meijaard, head of MLIM in Benelux.

"MLIM is the largest non-domestic active manager in the country and provides potential Dutch clients a true alternative to local managers."

Van den Heuvel joined Achmea Global Investors in 1999 as head of investment management, which subsequently became F&C Netherlands.

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
<