SWEDEN - The e27bn fund AMF Pension upped its participation in the European small cap market and awarded a new e17m mandate to Scottish Widows Investment Partnership.
The creation of the new European small cap mandate was a result of the fund's stated aim to increase participation in the sector.
"We have small cap companies in our portfolio, but recently we thought it would be a good investment to increase that exposure," said AMF CIO Mats Guldbrand.
He added he was very confident in the performance of the sector.
Asked whether the intial e17m investment was due to be raised in the future, Guldbrand responded: " I don't like investing more than 10% of the total capital into any one fund.
If we did not have this limitation on investments, we could have injected more money into the fund, since we are one of the biggest pension funds in Sweden."
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
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