BlackRock, Janus Among Managers to Lose Dutch Credit Mandate

BlackRock Inc. is among a group of money managers to have lost credit mandates from one of Europe’s largest pension funds, according to people familiar with the matter.

PFZW, a €250 billion ($295 billion) sustainability-focused pension fund in the Netherlands, has removed BlackRock and Janus Henderson Group Plc from its list of external managers overseeing the credit portfolio, the people said asking not to be identified discussing information that hasn’t been published by any of the firms involved.