Sameer van Alfen
Sameer van Alfen is staff editor at Pensioen Pro, IPE’s Dutch sister publication
NewsABP to up infra investments in new pension system
In its investment strategy for the new DC pension system, the Dutch civil service scheme will increase the share of private market investments from 20% to 30%
- Special Report
Achmea IM and BlackRock emerge as winners in the Dutch fiduciary management market
Last autumn, Shell’s €26bn Dutch defined benefit (DB) pension fund announced it would swap Samco, the oil giant’s in-house asset manager, for BlackRock as its fiduciary manager.
Analysis2024: Achmea IM and BlackRock win Dutch fiduciary mandates
Last year, Achmea IM and BlackRock each won +€20bn fiduciary mandates from Dutch pension funds. This makes them the clear fiduciary winners of 2024.
NewsABP orders fiduciary manager APG to shed all other clients
The move means APG’s three other fiduciary pension fund clients have to find alternatives
NewsDutch pension funds increase short-term holdings
The increased liquidity reserves risk negatively impacting long-term returns, signals regulator DNB
NewsImpact-investing RFPs difficult to implement, says M&G
According to the asset manager, the definitions of impact given by pension funds in requests for proposal are often too broadly formulated to build portfolios
NewsPFZW sells €600m in gambling stocks
The Dutch healthcare scheme decided to divest from the sector following a member survey
NewsDutch ‘early birds’ postpone DC transition
Only 10 pension funds are now still scheduled to make the transition to a new DC arrangement by 1 January 2025
NewsDutch pension funds made 9.5% return on average in 2023
Smaller funds did comparatively better than large funds
NewsAPG to cut asset management jobs as clients move to passive
Costs are a ‘recurring element’ in conversations with pension funds, says CEO Ronald Wuijster
NewsDutch pension fund returns back in positive territory
But funding ratios mostly fell as four of the five funds indexed pensions
NewsReferendum on Dutch pension transition ‘logical’, says architects fund
This week, political party NSC is likely to propose a referendum about the transition of DB accruals to DC
NewsKPN pension fund to invest up to €700m in private debt
The €10bn pension fund considers the asset class a vehicle for impact investing
NewsPensioenfonds Gasunie switches €1bn equity portfolio to State Street
The €2bn fund of the Dutch natural gas provider has switched its equity investments to a Climate Transition Benchmark
NewsPensioenfonds DHL picks Aegon AM as fiduciary manager
The Dutch scheme of postal company DHL wants to concentrate all investment services in one mandate to reduce the board’s workload
NewsWTW to enter Dutch fiduciary market
The investment consultant had steered clear from offering fiduciary services to Dutch pension funds due to the low margins under its previous leadership
NewsEquity returns boost Dutch funding ratios
Double-digit returns on listed equity more than compensated for investment losses on non-listed real estate for the Netherlands’ five largest pension funds
NewsDutch pension federation opposes EU central clearing obligation
The lobby club for Dutch pension funds is specifically against a proposed minimum percentage of clearing transactions to be conducted inside the EU from mid-June 2023
NewsDutch pension funds lose 8.6% on real estate investments in 2022
Stripping out the currency gains, losses on listed real estate would have amounted to 26.5%
NewsDutch pension funds return -23% on average in 2022
The company pension fund of beer brewer Heineken did best, limiting losses on its investments to 9.3%
