Kempen scoops Dutch pension mandate

Kempen Capital Management, the funds arm of the Dutch merchant bank, has picked up a brief to run the €390m ($577m) pension scheme of Dutch human resources group Randstad.

Kempen took charge of Randstad's fund at the end of 2007, according to mandate tracking service MandateWire. The mandate is on a fiduciary basis, a business that is fast gaining popularity in the Netherlands.

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