APG wins PWrI management contract

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NETHERLANDS - The Dutch pension fund Stichting Pensioenfonds Werk en (re) Integratie (PWrI) has terminated its pensions management mandate with Syntrus Achmea and awarded it to APG with effect from 1 January 2012.

The €232m ($318m) pension fund for the Dutch social employment sector decided to re-tender the management of its pension fund after evaluating its external service providers. PWrI signed over the c...

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