The Fourth Swedish National Pension Fund has appointed Edinburgh-based Martin Currie to manager a ¥48bn (e385m) Japanese equities mandate. This follows its recent appointment by US/German motor group DaimlerChrysler’s pension fund to run a new e70m Japanese long-only equity mandate.
These add to the e627m of new business Martin Currie has won since the beginning of October. Martin Currie, which recently rebranded, has won five mandates since the end of September in Scandinavia, the Netherlands, the US and the UK. It claims to have mandates worth a potential e862m in the pipeline.
Martin Currie is merging its private client business with London-based Thornhill Investment Management.