Dresdner RCM Global Investors has won its first mandates to manage money for Dutch institutional clients following the opening of an office in Holland nearly a year-and-a-half ago.

The fund management firm, which is owned by German insurer Allianz, was awarded a €45m ($45.4m) Asian equity mandate by Holland Beleggings Groep, a subsidiary of Zwalsche Algemeene, an insurance company based in the Netherlands.