Blue Sky Group hired Atlantic Asset Management as a subadviser to run $200 million in an enhanced S&P 500 index strategy for the Stichting Blue Sky Enhanced Large Cap Equity USA Derivatives Based fund, said Elaine Hunt, Atlantic Asset's managing director. Blue Sky manages and administers roughly $10.2 billion, mostly for the pension funds of KLM Royal Dutch Airlines, Amsterdam.
Atlantic Asset Management has its $9.7 billion in institutional assets under management, of which $750 million is invested in enhanced indexing.
Calls to Blue Sky weren't immediately returned.
