EXCLUSIVE: Vattenfall to double equities, appoints to DC

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SWEDEN - The SEK3.5bn pension scheme of Swedish Hydro-electrical company Vattenfall is looking to double its allocation to equities and has appointed a broker and pension product providers for its DC offering.

Bengt Edstrom, pensions manager at Stockholm-based Vattenfall said the corporate fund will shift bonds into equities “when we think the markets are good”. The scheme intends to increase its equity ...

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