The Brussels based e515m VKG/CPM pension fund for Belgian doctors, dentists and pharmacists has appointed MFS International to manage an undisclosed US equity mid-cap growth mandate.
Paul Price at MFS, comments: “ We are delighted to be appointed by such a prestigious European client, our first win in 2001 in continental Europe.
“ This win increases our optimism for the rest of the year given our long and consistently strong track record across all US management styles. The expansion of our European marketing campaign in the latter part of 2000 is clearly beginning to pay off.”
VKG recently applied for licences with the Belgian regulator to set up a mutual insurance operation and mutual fund in a bid to widen membership to all the country’s healthcare sector workers.