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APG and Cordares merged
Two pension fund administration organizations, APG Groep from Heerlen and Cordares from Amsterdam, have merged. As of Monday, the new company will manage assets of 230 billion euros for almost 4"
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cdd7c-nl-apg-groep-nv
APG Groep N.V.
Location
Founded
Website
https://apg.nl
Articles
78 Articles
Category
Life Insurance
Description
APG Groep provides support to middle groups and is focused on enhancing well-being and prosperity for these groups. They partner with organizations such as the Nationale DenkTank to address social issues and find solutions. APG recognizes the vulnerability of middle groups, especially in terms of finances and access to affordable housing. They aim to provide tangible solutions and support middle groups in planning for their financial future. APG's involvement in initiatives like the Nationale DenkTank demonstrates their commitment to the well-being of middle groups in the Netherlands.
The Netherlands Competition Authority (NMa) sees no impediments for the takeover of Cordares Holding N.V. by APG Groep N.V., subsidiary of the Stichting Pensioenfonds ABP [ABP Pension Fund Foundation].
Blog Editor-in-Chief
APG and Cordares merged
Two pension fund administration organizations, APG Groep from Heerlen and Cordares from Amsterdam, have merged. As of Monday, the new company will manage assets of 230 billion euros for almost 4
The merger of pension providers APG Group (formerly ABP) and Cordares was completed on Monday. Part of this is the sale of Cordares' insurance company to APG subsidiary Loyalis.
The pension funds APG Groep and Cordares Holding will merge. This creates one of the largest pension providers in the world, with assets under management of €240 billion.
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