Church fund cuts EM exposure, boosts Japanese stocks and looks to expand in clean energy
The two percentage points cut from the Finnish Church Pension Fund’s emerging market exposure were distributed almost equally to other asset classes in the portfolio, says CIO Ira van der Pals.
An evaluation of its Chinese investments was the main driver for the Finnish Church Pension Fund (KER) cutting down on its emerging markets exposure last year, says CIO Ira van der Pals.
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