The strategic alliance created by London-based Singer & Friedlander Investment Management (SFIM) and Antwerp-based private bank, Bank Corluy Effectenbankiers
(Corluy), has landed its first mandate, a €27m balanced equity and fixed income portfolio, from the Province of East Flanders pension fund in Belgium.
SFIM will take care of the pan-European equity portion, whilst
Corluy will manage the fixed income element, which comprises euro
government bonds.
According to SFIM, the win is part of a total €125m balanced mandate that was formerly run by Dexia Asset management but has since been split into three.