NETHERLANDS - SPF Beheer says it aims to take on the asset management of up to six pension funds in the next few years.

"Our aim is to acquire the asset management of one or two pension funds a year, totalling five to six pension funds during the next three years," said director general Albert Akkerman.

Utrecht-based SPF Beheer manages the €11.4bn railways pension fund SPF and the €2.2bn public transport scheme SPOV.

In an interview with the KAS Selections newsletter, Akkerman added: "We want to provide knowledge, quality and sufficient attention against a fair price."

In October SPF Beheer said it was offering ‘collegial' assistance to small pension funds, which want to remain independent.

Meanwhile, KAS Bank has announced a changes at its London branch as of January 1.

The managing board has appointed Laurens Vis as managing director, reporting to board member Hans Kadiks.

Kadiks said: "With this reorganisation of our organisational structure, KAS Bank will further increase her commercial and operational strength in the UK.

"By putting the UK branch under a one-headed direction and with a direct responsibility to the managing board, KAS Bank emphasises the importance of the British market for her specialist securities and investor services to institutional investors and financial institutions."

Under the changes, Peter Rouwen becomes team leader for UK financial institutions. Camiel Janmaat becomes team leader, UK client support.

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