AP7 to review replication portfolio next May

Thu Nov 5, 2009




AP7, the Seventh National Pension Fund in Sweden, is revamping its structure in May 2010 - and hedge funds may or may not fit in. Last year, AP7 appointed Goldman Sachs as its replication provider and was using an absolute return tracker for its investments. One of the reasons for the move was cost and the disappointing performance of the fund of hedge funds portfolio.

Following a recent government directive, AP7, which currently manages the premium choice and...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI