Henkel International - the Sellotape and Pritt Stick manufacturer - has appointed BlackRock to manage €2bn (£1.7bn) of assets across five of its pension funds on a fiduciary basis.
The investment management firm claims the appointment marks the first time that the entire asset management of a multinational company's defined benefit assets have been outsourced to an external m...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders