Latest Netherlands News
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Uniformed French soldier stabbed in neck while on patrol in Paris
A French soldier stabbed in the neck Saturday while on patrol in Paris was expected to survive, said authorities, who had yet to make an arrest in the attack. Sky News reported the 23-year-old victim was with two other soldiers when his assailant approached from behind in a busy underground train station about 6 p.m., cut him with a knife or box-cutter and fled. Sky News said CCTV footage ...
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Dutch scientists say food supplement helps with heart disease
Scientists in Denmark said an inexpensive food supplement helped reduce heart death among patients who had previously suffered heart attacks. The supplement, known as Coenzyme Q10, or CoQ10, plays a role in helping convert food into sugars that cells need to function. It is found in high levels in healthy heart tissue but studies have shown it decreases in patients who have suffered a heart ...
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2 drug arrests in Rotterdam
ROTTERDAM – Two were arrested for allegedly peddling heroin and other drugs – and still more arrests are pending – following a months-long investigation into local drug sales, police ...
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Swedish police hope beefed-up presence can quash riots
Swedish police said Saturday they hoped reinforcements and a heavy volunteer presence on the streets would help quash nightly riots that started almost a week ago in Stockholm's immigrant-dominated suburbs and that have spread to other towns."With the strong presence on the streets of the good forces, and the police reinforcements, I think we are well on our way towards calmer times in ...
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Murphy sails to gold in Netherlands
Annalise Murphy won gold today at the Delta Lloyd Regatta in Medemblik, Netherlands. She led the medal race from the first mark finishing with almost a one minute advantage. This victory is the second for Annalise this month, having also won gold on 12 May at Italian Olympic Week. Murphy went in to the medal race in third place, two points behind Alison Young (GBR) and the London 2012 silver ...
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Astellas Receives Marketing Authorisation For Vesomnitm From The Netherlands Medicines Evaluation Board
Netherlands first to approve new fixed-dose combination treatment for men with lower urinary tract symptoms associated with BPH ASTELLAS PHARMA EUROPE B.V., the European subsidiary of Tokyo-based Astellas Pharma Inc.(Tokyo:4503), have announced the Dutch Medicines Evaluation Board (MEB) has granted marketing authorisation for VESOMNI in the Netherlands. The market authorisation granted for ...
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Netherlands to keep producing top players
Dutch specialists believed that the Netherlands will keep producing top soccer players in the foreseeable future, based on the country's efficient youth training system. Just one year ago the Netherlands advanced to the FIFA World Cup final in South Africa. Wesley Sneijder, Arjen Robben and Robin van Persie are the names of the current stars of the national team. They are the successors of ...
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Dutch pension funds need ‘firm measures’ to return to satisfactory funding levels
Firm measures are necessary to bring scheme funding levels of Dutch pension funds up to the minimum required funding ratio of 105 per cent within five years, warns De Nederlandsche Bank (DNB) in its Annual Report 2008. DNB, which is responsible for safeguarding financial stability in the Netherlands, said the funding level at the end of 2008, which stood at 95 per cent, can be brought up ...
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Dutch pension funds sell off securities
EUR 26bn worth of securities were sold by Dutch pension funds in the fourth quarter of 2008, according to figures published by De Nederlandsche Bank. The funds carried out equities sales totalling almost €9bn, and disposed of €17bn worth of debt certificates such as bonds. Due to these sales, and to substantial price losses on the funds’ equity holdings, the value of ...
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Dutch tax authorities rule on landmark tax rebate for UK pension funds
UK pension funds are set to enjoy a €100million rebate from the Dutch tax authorities following a tax ruling, says the UK branch of KPMG. The professional services provider’s test claimant, Strathclyde Pension Fund, has brought a successful legal challenge against the Dutch tax authority for a levied ‘withholding tax’ (WHT) on dividend payments to tax exempt bodies ...
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Net worth of Dutch investment funds decreases further
The net worth of supervised Dutch investment funds fell by €6.4bn (eight per cent) in the third quarter of 2008 (Q3 2008), with De Nederlandsche Bank attributing losses to investment write-downs and net withdrawals by investors. Equity price falls of 11 per cent, which were in line with the worldwide drop in equity prices of 12 per cent, according to the MSCI World Index, was the ...
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Dutch pension funds receive €4.9bn in dividends over 11 months
Between April 2007 and March 2008, Dutch pension funds are reported as having received €4.9bn in dividends on quoted shares, according to De Nederlandsche Bank. Pension fund holdings of these quoted shares averaged at €195bn in that period, which excluded quoted shares held through mutual funds. The Bank said that dividend income is used for two things, either as a major ...
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Netherlands streets ahead in use of Liability Driven Investment
Sixty-one per cent of Dutch pension funds are currently employing a Liability Driven Investment (LDI) strategy, an increase of 18 per cent on last year’s figures. Fiduciary manager SEI revealed the results of a Global Quick Poll of the global pension fund space, surveying executives overseeing pensions in the US, UK, Hong Kong, Canada and the Netherlands. There was also an ...
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Slight growth in Dutch mutual funds
Dutch mutual funds expanded their share in Dutch household investments from 54 per cent to 55 per cent in the first quarter 2008, according to De Nederlandsche Bank. The Bank said the increase may be a turnaround in a declining trend, and sees the various measures taken since 2006 to improve the business climate for mutual funds in the Netherlands as beginning to take effect. However, ...
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Dutch pension liabilities fall
The value of the Dutch pension funds’ technical provisions stood at approximately €493bn at year-end 2007, a drop in liabilities of €14bn, according to De Nederlandsche Bank. Pension funds calculate these technical provisions in order to estimate what they are required to pay to future pensioners, and the size of this is dependent on factors such as capital market rates ...
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Dutch metal pension funds launch joint in SRI policy
The two Dutch pension funds for the metal industry, the €33bn Pensioenfonds Metaalelektro (PMT) and the €21.5bn Pensioenfonds Metaal en Techniek (PME), have launched a joint social responsible investment policy. In conjunction with asset manager and pension provider Mn Services, jointly owned by PME and PMT, the two funds have drawn eight lead principles from international ...
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Holland must do more to promote itself as pooling hub
Holland must do more to promote itself as a centre for international asset pooling, says a new report from the Netherlands, while also preserving the strength of the Dutch pensions ...
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Dutch financial confidence knocked by sub-prime crisis
Financial stability in the Netherlands is less favourable than it was six months ago, according to the DNB’s most recent assessment of the region. The Overview of Financial Stability (OFS), published by De Nederlandsche Bank (DNB), highlighted a recent period in the market when, triggered by the crisis in the US sub-prime mortgage market, liquidity evaporated in various credit ...
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Leading Dutch funds allocate €500m to clean technology
ABP and PGGM have re-inforced their commitment to sustainable investment with a joint mandate to invest in innovative, clean technology. The two largest pension funds in the Netherlands have appointed AlpInvest* to invest €500 million in innovative, clean technology in one of the largest mandates ever to be placed on the international private equity market. This is the first time ...
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Dutch funds respond to SRI embarrassment
Dutch pension funds have been shamed into smartening up their investment decisions after a current affairs TV programme in the Netherlands revealed that two of the largest funds were investing in US firms that produce cluster bombs and landmines. Dutch pension fund PGGM, the pension fund for the healthcare and social work sector, has since announced that it has stopped investing in these ...
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Dutch fund returns down says WM
Average returns for Dutch Pension funds in 2006 halved - from 14.8% in 2005 to 7.4% in 2006 – according to new performance figures by WM Performance Services (WM). Taking into account the consumer price index, which rose by 1.4%, this represents a real return of 5.9%, which is above the 10-year annualised real universe return of 5.2%, says the investment performance measurement ...
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No Netherlands start in the Vuelta a Espana 2015
Dutch organizers still awaiting explanation of decision The Netherlands will not host the start of the Vuelta a Espana in 2015. Race organizers have told the Dutch organizing committee of their decision without any explanation. Earlier, Vuelta organizer Javier Guillen had said that the Netherlands ...
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Openly gay Robbie Rogers returning to professional soccer
Robbie Rogers , who came out as homosexual when he announced his retirement from soccer, tells USA Today he has decided to return to the field. Rogers said he made the decision last month while he was speaking at the Nike Be True LGBT Youth Forum in Portland, Ore. "I seriously felt like a coward," he said. "These kids are standing up for themselves and changing the world, and ...
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Dutch cannabis cafe ban in doubt after trial run in Maastricht
Maastricht was chosen to test the ban on "drugs tourists" from May 1st last year because its location on the borders with Germany and France means it attracts some 1.6 million visitors to its 13 city centre coffee shops every year. Photograph: Gareth Fuller/PA ...
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Chief Engineers Visit ss Rotterdam’s Engine Room
Holland America Blog Has Just Posted the Following: At the recent Senior Management Conference on ss Rotterdam in Rotterdam, our chief engineers got to go below deck for a look at the engine room. Chief Engineers Hans Bloks and Willem Dullaert served as chief engineer onboard ss Rotterdam when the ship was in ...
Netherlands Feature
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Laura Dekker victim of ageism in Netherlands?
Laura Dekker’s future plans to sail around the world solo hang in the balance as her emotional and mental stability is argued over by two national child care agencies that are in disagreement about her state of mind.
Laura Dekker, 14, has been trying since August last year to sail around the world on her own and in so doing become the youngest person to accomplish the feat. When she first announced her plans, the courts quickly intervened and according to Netherlands news reports, she was placed under the custody of the Child Protection Board in order to be assessed. Read more
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