Former City Correspondent

Frank Russell has picked up three mandates with a combined value of €225m ($228m) from Benelux clients, giving the global multi-management company more than €15bn of European investors' assets.

Russell secured a €175m equity and bond mandate from Stichting Pensioenfonds Gamma Holding Nederland, the pension fund for Gamma Holding, the Dutch textile manufacturer. It has also picked up two mandates, worth a combined €50m, from two Belgian institutional investors. One of these is the King Baudouin Foundation but Russell has not revealed the identity of the other.

Frank Russell wins three new European clients

Ben Wright

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