AP Pension invests in credit fund

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DENMARK - The DKK30bn (US$5.86bn) Danish corporate pension fund AP Pension has made a further DKK400m investment in an undisclosed credit fund after the scheme allocated circa DKK230m (GBP25m) to the asset class at the end of last year, MandateWire reports.

The scheme also revealed it made a commitment worth DKK40m to a private equity fund of funds investing in Asia and Australia. "The turmoil in the financial markets meant that the return on lever...

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