DENMARK - Denmark's DKr15bn Industriens Pensionsforsikring is to press ahead with the beefing of its emerging markets portfolio, despite the recent partial pullout from the sector by the $151bn California Public Employees' Retirement System (CalPERS). Copenhagen-based Industriens is likely to commit an as yet undecided amount to its portfolios later this year.
Currently, Morgan Stanley Investment Management and Pictet Asset Management oversee Dkr500m in emerging market bonds, and US$50m in emerging market equities respectively, with both managers likely ...
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