Pensioenfonds DNB Goes Dutch on Custodian and LDI Strategy

Posted on 06/11/2018


The De Nederlandsche Bank (DNB) oversees the pensions for its employees worth some €1.9 billion in assets. The scheme is called Pensioenfonds DNB. Pensioenfonds DNB terminated BlackRock and hired Dutch risk manager Cardano as manager of its liability-driven investment (LDI) strategy. However, BlackRock will remain on as a fiduciary manager to implement the fund’s mostly […]