GSAM lands €700m fiduciary mandate from Dutch insurer

Goldman Sachs Asset Management has taken its tally of new Dutch fund management advisory mandates to more than half a dozen in the past two years after winning a €700m ($927m) brief from a Dutch health insurance group.

Zorgverzekeraar CZ has picked the Wall Street bank's fund management arm for a fiduciary mandate that will span assets across the financial markets spectrum including fixed income and equities.

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