Stichting Nedlloyd Pensioenfonds has awarded active European equities mandates worth €60 million to two asset managers, Pensions & Investments reports. Threadneedle Asset Management will manage €27 million in large caps and €6 million in small caps.
MFS Investment Management will invest the remaining €27 million in a large-cap strategy. The €1.2 billion fund has terminated three European equity managers handling a combined €60 million and diverted the funds to the new mandates.
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