SWITZERLAND - The CHF305m (US$269.1m) BVG-Stiftung der Marti-Unternehmungen - the Swiss construction firm's pension fund - has decided not to move from mandates to investment foundations and will instead switch existing mandates from active to passive management, MandateWire reports.
MandateWire reported the fund is also keeping its property target at 43% despite the new legal limit in principle of 30% - and the scheme is even aiming to go overweight to 50% although it admits o...
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