NETHERLANDS - The e1.8bn Dutch corporate pension fund Provisum is considering allocations to commodities and other alternative strategies, in a bid to boraden its investment range. Fund officials said that the fund was considering an initial 2% allocation to commodities and was also looking at global tactical asset allocation.
“Both asset classes will be managed externally. Exact details of investment will be worked out shortly but we plan to allocate a minimum amount and then review the asset classes again,” said one official.
He added: “We need to broaden our investment range and also create alpha.”
The fund has also recently sealed its foray in hedge funds with a 5% allocation.
Current asset allocation stands at equities 35%, fixed interest 48%, real estate 12% and hedge funds 5%.
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