Asset manager APG names Paul Spijkers as acting CIO
* Spijkers replaces Roderick Munsters, who will head Robeco
* He is currently CIO APG Asset Management
AMSTERDAM, June 8 (Reuters) - Dutch APG Group, which manages assets for the world's third-largest state pension fund ABP, nominated Paul Spijkers as its acting chief investment officer as of August 1 to replace the outgoing Roderick Munsters.
Paul Spijkers, currently CIO at APG Asset Management, will act as CIO of APG until the group has found a permanent successor for Munsters, who will join Dutch asset manager Robeco as chief executive from Sept. 1, APG said in a statement on Monday.
At the end of 2008, APG managed 173 billion euros ($239 billion) of assets for ABP, the world's third-largest state pension fund after Japan's and Norway's. ($1=.7230 Euro) (Reporting by Gilbert Kreijger, editing by Will Waterman)
- Tweet this
- Share this
- Digg this
India is targeting up to $1 billion of private investment by 2017 to build rail lines linking ports and national networks to ease growing congestion, which has delayed coal imports for power plants and contributed to a power supply crisis. Full Article
Hyundai Motor, Kia Motors lift 2014 global sales target on China, emerging markets Full Article