BlackRock, the world's biggest fund manager, has leapfrogged most of its Dutch and international rivals in the past year to become the number-two fund manager in the Netherlands, Europe's second-biggest savings market behind the UK.

BlackRock's Dutch ascendancy has come as a result of its acquisition of Barclays Global Investors as well as mandate wins, according to the Dutch consultancy Bureau Bosch, which prepared the ranking. APG Investments, which is the in-house manager of Europe's largest pension fund ABP, remains the country's largest asset manager.