SWEDEN - A cut in equity allocations over the past 18 months helped stave off investment losses for AMF, the SEK289bn (US$33bn) Swedish pension fund, in 2008.
The fund posted a -6.6% return for 2008, well outperforming the global equity markets, spokeswoman Johanna Sarfati confirmed. The MSCI World Index was down over 42% in the same time period. Sarfa...
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