Dutch pension funds shift €372bln to mandates as responsible investment policies tighten
Dutch pension funds have transitioned €372bln in assets from investment funds to mandates over the past three and a half years, as responsible investment policies have become more stringent.
Dutch pension funds have transitioned €372bln in assets from investment funds to mandates over the past three and a half years, as responsible investment policies have become more stringent.
While net investments in investment funds were relatively stable until late 2019, outflows have since accelerated, according to data from the Dutch central bank (DNB). The move to mandates has allowed funds to implement stricter environmental, social, and governance (ESG) criteria, with many excluding certain companies based on these factors.
Large funds like ABP, Pensioenfonds Rabobank, and Pensioenfonds PostNL have embraced this trend. Smaller funds are also following suit.
Additionally, Dutch pension funds continue to invest in foreign funds, particularly in private equity and real estate, driven by changes in their strategic investment policies. Despite this, investments in the Netherlands have also increased as a percentage of total assets.
