dutch-pension-giant-abp-opens-hk-office

Dutch pension giant ABP opens HK office

The Ç190 billion institution needs a local presence to handle Asia-oriented investments.

Jame DiBiasio

October 20, 2006

The NetherlandsÆ ABP investments, the largest pension fund in Europe with approximately Ç190 billion $238 billion of invested capital and the worldÆs second largest after the California Public Employees Retirement Scheme, plans to open an investment office in Hong Kong by January.

Robbert Coomans, advisor to the board and head of alternative investments, announced the decision this week at the Macquarie Asian Infrastructure Forum in Hong Kong, organised by AsianInvestor and FinanceAsia magazines.

ABP has already identified the key executives to run the Hong Kong office Jeroen Schreur will serve as managing director for ABP Investments Asia, while Daan van Aert will serve as senior portfolio manager for real estate.

Coomans says...

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