mast image

Special Report

ESG: The metrics jigsaw

Sections

Northern Trust wins SFP mandate

Northern Trust says it has been awarded an asset servicing mandate by the €330m Stichting Federatief Pensioenfonds.
Northern will provide custody, securities lending and performance measurement services to the SFP, the collective pension fund for small and medium-sized privatised public bodies in the Netherlands.
“Northern Trust has fully taken on board our priorities and has demonstrated a thorough understanding of our requirements,” said SFP trustee board chairman Dick Snijders, who is the former chief executive of the Philips pension fund.
“They approached the tender process consultatively and flexibly which enabled us to reach the decision to award them this mandate promptly.”
“We are delighted to have been selected by SFP and to be able to announce another important industry pension scheme mandate win so soon after Pensioenfonds Vervoer and the official opening of our office in Amsterdam in March,” added Paul Cutts, head of Northern Trust’s Dutch office.

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-2573

    Asset class: Real Estate.
    Asset region: Global.
    Size: CHF 150m.
    Closing date: 2019-12-06.

  • QN-2575

    Asset class: Core Real Estate Muli-Manager Separate Managed Account.
    Asset region: Global.
    Size: CHF 150m.
    Closing date: 2019-12-20.

  • QN-2576

    Asset class: Small Caps Equity.
    Asset region: US.
    Size: $>100m.
    Closing date: 2019-12-09.

  • QN-2578

    Asset class: Sovereign Local Currency Emerging Market Debt.
    Asset region: Local emerging markets.
    Size: EUR 950m.
    Closing date: 2019-12-19.

Begin Your Search Here
<