PGGM commodities shake up

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NETHERLANDS - PGGM, which now manages the assets of Pensioenfonds Zorg en Welzijn, has shaken up its €484m (US$706m) commodities allocation.

The asset class will continue to make up 5.5% of the €88bn (US$127bn) Dutch portfolio but there have been changes to the make up. David Uitdenbogaard, spokesman, PGGM, told Global Pensions: "We ...

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