NN IP to offer outsourced AM services to German institutions
NN Investment Partners (NN IP) has announced the launch of its new insurance solutions range specifically aimed at assisting German insurances and pension funds with asset management services.
NN IP will offer services ranging from asset liability planning to strategic asset allocation, portfolio implementation and portfolio management.
Lutz Morjan, head of insurance solutions at NN IP comments: standardised solutions are no longer helpful. The asset management tasks of insurances will now have to comply with the risk-based supervisory regime of Solvency II. Capital investments amount to far more than 90% of all balance sheet assets for insurances, it is therefore pivotal to employ them in a risk-aware and profitable manner.”
“As daughter of NN Group, an insurance company with 170 years of history, NN IP commands over substantioal experience in asset management for these groups of investor, for whom we are currently managing €90bn in assets” explains Stan Beckers (pictured), CEO of NN IP.