Threadneedle wins e32m mandate from DuPont

Related Categories

UK - Threadneedle Investments, part of Zurich Financial Services Group, has been awarded a e32m UK equity mandate on behalf of Dupont SA.

Threadneedle won the mandate through a beauty parade which included six candidates. The firm best suited the requirements needed, according to Gerry Flynn, pensions manager at Dupont SA.

Dupont SA, a joint venture between du Pont de Nemours and Sabanci SA, is a new pension scheme. Flynn adds that Mercer was the investment adviser.

Following a quiet first quarter, Threadneedle said it is now seeing a surge in new business and has secured more than £750m of a wide range of defined benefit and defined contribution schemes so far this year. Threadneedle manages over £45bn in equity, fixed interest and property investments.

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-2570

    Asset class: Direct Real Estate.
    Asset region: Europe excluding Switzerland.
    Size: 150m.
    Closing date: 2019-10-30.

Begin Your Search Here