Market Chatter: BlackRock Emerges as Preferred Manager for Dutch Pension Assets

MT Newswires Live
09/18

BlackRock (BLK) is poised to be selected as the preferred manager for a portfolio of Dutch pension assets worth just under 70 billion euros ($80.2 billion), Bloomberg reported Friday.

BpfBouw selected BlackRock based on its international footprint, execution capacity and alignment on socially responsible investing, with the parties still negotiating the terms of the agreement, according to the report.

BlackRock did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 1049.27, Change: -4.69, Percent Change: -0.44

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