Merchant navy scheme to become Mn Services stakeholder

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NETHERLANDS - The Dutch merchant navy pension fund (Bedrijfspensioenfonds voor de Koopvaardij) is to take a stake in its asset manager, Mn Services.

Fiduciary manager Mn Services refused to confirm the size of the holding but said it was a "significant minority stake". The €3bn (US$3.7bn) pension scheme selected Mn Services as its asset mana...

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