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
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