Origins

Our history dates back to 1948, when the industry-wide pension scheme for the metal and technical sector was created in the Netherlands.  Until 2001, we were an in-house team that provided pension administration and investment management services.  In 2001, we transitioned this in-house team into an independent, multi-client organisation called MN in order to:

• Improve our governance structure
• Improve MN ability to provide high quality services in a cost-effective manner
• Position MN as a leading service provider to pension schemes in anticipation of increasing outsourcing by pension schemes

The first aim following the establishment of MN as an independent company was to transform the organisation from a single-client organisation to a multi-client one with a clear proposition and profile.  This transformation was completed by 2007 as we grew to become the 4th largest pension administrator and the 3rd largest fiduciary manager in the Netherlands.  As the leader in fiduciary management in the Netherlands, we took our first step in our European strategy by opening a full-service office in London in 2008 to offer fiduciary management to UK pension schemes. By mid 2011 we were established as a leading provider of fiduciary management services in the UK as well. In total, we now serve more than 30 clients in the Netherlands and the UK with combined assets exceeding £65 billion.