Kempen Capital Management wins €8.5bn mandate as fiduciary manager

Jonathan Boyd
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Kempen Capital Management wins €8.5bn mandate as fiduciary manager

Kempen Capital Management has been confirmed in the role of fiduciary manager by Stichting Pensioenfonds PostNL, the pension scheme for Dutch postal workers, which claims some 95,000 members and assets of around €8.5bn.

Kempen will provide advice across the total invested assets starting from the second quarter of 2019, although a transition was begun in September 2018.

Leni Boeren, Kempen CEO, said: “We are proud that Stichting Pensioenfonds PostNL has selected us to carry out their fiduciary management. The pension fund’s long-term view, featuring its own socially responsible investment policy coupled with tailored implementation, is a good fit with Kempen. It’s a partnership across generations with a firm focus on the future, bolstering our position as a fiduciary manager in the Dutch market. We look forward to working with Stichting Pensioenfonds PostNL for the long term.”

René van de Kieft, chairman of Stichting Pensioenfonds PostNL, added: “From day one, the Kempen team impressed with the quality of its analyses, its strong, relationship-driven communications and its hands-on solutions. As Stichting Pensioenfonds PostNL’s board, we are confident that Kempen will help us achieve the professional asset management governance we aspire to.”

 

Jonathan Boyd
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Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.

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