IPD seals deal to benchmark AEW Europe’s funds

IPD has signed a second, multi-country contract to benchmark funds, this time with AEW Europe. IPD will benchmark all 23 of AEW’s core and value-added funds, worth a total €8.9bn The four-year contract follows IPD’s global deal to benchmark all of ING REIM’s funds.

IPD managing director Laurent Ternisien said: “This allows a whole management house-view of performance and is a powerful tool.” Fifteen of the funds are French focused; four are pan-European; and four are other single-country funds. They include portfolios managed for Caisse des Dépôts et Consignations and CNP Assurances.