APG Wins Dutch Pensions Mandate

Dutch pension fund, Stichting Pensioenfonds Werk en Integratie has awarded its pensions management mandate to APG.

Dutch pension fund, Stichting Pensioenfonds Werk en (re) Integratie (PWrI), has awarded its pensions management mandate to APG, Global Pensions reports. The mandate will be effective from Jan. 1, 2012. APG will replace the existing manager, Syntrus Achmea, whose term expires at the end of 2011. The pension fund has about €4 billion assets under management, adds Pensions & Investments.

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