mast image

Special Report

Impact investing


UWV awards custody mandate

Related Categories

The e2.2bn Stichting Pensioenfonds UWV, the Workers’ Insurance Authority pension fund, has awarded its global custody to ABN Amro Mellon.
The bank will provide investment custody services, including accounting, performance measurement and administrative and regulatory reporting.
The fund was created in July last year as a result of a merger between the pension funds of UWV, GAK Nederland BV and CADANS.
“Stichting Pensioenfonds UWV is a newly consolidated pension fund, which therefore required a specialist in the Dutch market to work within a tight timeframe to provide a flexible, high-standard service,” said Nadine Chakar, chief executive of ABN AMRO Mellon.
The UWV teamed up with health care fund PGGM to launch a ‘care for work’ initiative this year. UWV pays benefits to more than 1.2m claimants and collects premiums from some 400,000 employers.

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-2558

    Asset class: Private Equity.
    Asset region: Global or Swiss.
    Size: USD $5-10m.
    Closing date: 2019-08-20.

  • QN-2559

    Asset class: Multi Assets.
    Asset region: -.
    Size: EUR 15m (may be split into two mandates EUR 7.5m).
    Closing date: 2019-09-06.

  • QN-2560

    Asset class: Private Equity.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

  • QN-2561

    Asset class: Infrastructure.
    Asset region: Global.
    Size: $40m.
    Closing date: 2019-08-30.

Begin Your Search Here