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Briefing: Dutch fiduciary management
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By Tjibbe Hoekstra2021-05-10T15:53:00+01:00
Pension funds should be careful entering into agreements with NN Investment Partners until there’s more clarity about the future of the asset manager, according to consultants. But existing customers have little reason to be worried, they believe.
“Uncertainty about the strategic direction of an organisation never has a positive impact,” said Frans Verhaar of the consultancy bfinance, responding to last week’s news that NN Group is putting up its asset management arm for sale.
“You want to be relatively sure that the organisation you pick today will not turn out to be a radically different one in a few years’ time,” Verhaar added.