SWEDEN - AP7, Sweden's EUR2.7bn (SEK25bn) seventh national pension fund, has appointed New York-based K2 Advisors and Geneva-based EIM to run a SRI-based hedge fund of funds portfolio - the first investment of its kind for a Swedish public pension fund.
The move is seen by some commentators as a marking a significant step forward by European institutions into the asset class as investors look to reduce risk in the face of unpredictable markets. ...
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