SWEDEN - The SEK33bn (US$4.7bn) Kåpan Pensioner has moved inline with the new investment policy it decided last year and increased its allocation to alternative investments.
The scheme is now waiting for the markets to stabilise before making further decisions on investments and allocations this year.
Last year, the fund adopted a new investment policy, which raised the limit for property-related investments including infrastructure and forestry investments, and "other" investments by 5% respectively.
The scheme's property related investment and 'other' investments can now each account for up to 15% of total assets.
According to investment manager Arne Liden, the total allocation to alternatives has now been increased by two percentage points, but he was not able to predict whether the fund would make further changes this year.
"It's a little bit difficult to judge at the moment, because everything is so turbulent now. It depends on the developments of the market," he said.
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