LUXEMBOURG - In a move that could act as a trigger for other Belgian corporate pension funds, the e1.3bn Suez-Tractebel pension fund, consisting of five separate plans to cater for different groups of employees across the whole group, has decided to transfer its entire assets into a separate Sicav in Luxembourg.
The fund has divided its investments into three main segments: high risk, medium risk and low risk. In the current strategic asset allocation, the low risk (stability zone) forms the bedrock of inv...
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