F&C Asset Management, the UK listed fund manager in the midst of a three-year turnaround plan, has hired to bring its real estate securities team in Amsterdam to full capacity under longstanding fund manager Dirk Molenaar.

It has completed Molenaar's new five-strong team with the hire of Jorrit Arissen from ABP, the largest Dutch pension fund. Arissen was a property stock analyst at ABP and moves up to become a portfolio manager at F&C.