PMA goes multi-manager

By March 2001 (Magazine)

The Dfl1.6bn (e726m) PMA (Pensionfonds Medewerkers Apotheken) pension fund for Dutch pharmacists, based in The Hague, has outsourced almost its entire investment portfolio through an extensive multi-manager structure. The new multi-manager arrangement has resulted in the appointment of a slew of investment managers to various segregated and mutual fund briefs ...

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