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Stork appoints Frank Russell in the Netherlands

The Nfl3.5bn (€1.6bn) Stork pension fund has appointed Frank Russell to run €80m of its global equity portfolio, bringing its total mandates secured this year from Dutch schemes to €200m.

The win at the engineering company follows mandate appointments from Arcadis Nederland, the Dutch arm of the international services organisation, and the €400m pension fund of Origin, the former information technology subsidiary of Philips.

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