Icelandic pension fund to boost overseas exposure

The capital controls introduced in the wake of the heavy financial meltdown in 2018 have been eased, promoting increased exposure oversea for Icelandic pension funds.
Iceland's capital city Reykjavik. | Photo: Joachim Adrian/Polfoto
Iceland's capital city Reykjavik. | Photo: Joachim Adrian/Polfoto

Lífeyrissjóður Starfsmanna Ríkisins (LSR) ­ the Icelandic pension fund for state employees and nurses ­plans to boost its overseas exposure as capital controls introduced in the wake of Iceland's 2008 banking crisis finally ease, writes investment media top1000funds.com.

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