Sweden. Manager Overseeing $54 Billion Says She’s Looking for New Risks
As the global stock rally has many pondering just how bad the correction will be, Sweden’s AP7 pension fund is seeking out new risks.
The 430 billion-krona ($54 billion) fund is looking at diversifying its portfolio to include more small cap investments after reducing the leverage it takes since 2015.
“We seek diversification to get a better risk-adjusted return,” Ingrid Albinsson, the fund’s chief investment officer, said in a phone interview on Friday. “The reason for the diversification effort in the fund is to broaden the quite focused equity risk, market cap exposure, in the fund.”
Read More: Bloomberg
