The $305 billion All Pensions Group (APG), the Dutch pensions' administrator and asset manager, has hired Angelien Kemna to lead its ever-growing investment endeavours. Kemna was recently appointed chief investment officer of APG and chief executive officer of APG Asset Management. Kemna has a long-track record in finance and was the global CIO of ING Investment Management and CEO of its European operations.
The innovative Dutch institution's absolute return activity has been described in detail in this month's profile. APG began investing relatively early in absolute return strategies. In 2001, it implemented a GTAA strategy for its