16.06.2011 - Swiss retail pension fund bets big on real estate |
Institutional funds often look to the real estate sector when selecting investments for the long term. But while most have only high single-digit exposure, a Swiss retail pension fund has chosen to dedicate a massive 25% of its portfolio to the property market. The €5.5 billion CPV/CAP Coop pension fund was founded in 1909 and now represents the retail firm Coop, Switzerland’s second largest retail group..............................................Full Article: Source |