Frank Russell has picked up three mandates with a combined value of €225m ($228m) from Benelux clients, giving the global multi-management company more than €15bn of European investors' assets.

Russell secured a €175m equity and bond mandate from Stichting Pensioenfonds Gamma Holding Nederland, the pension fund for Gamma Holding, the Dutch textile manufacturer. It has also picked up two mandates, worth a combined €50m, from two Belgian institutional investors. One of these is the King Baudouin Foundation but Russell has not revealed the identity of the other.