Swedish pension fund in asset allocation review

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Telia Pensionstiftelse, the pension fund for the Stockholm-based telecoms company, is to update its current asset allocation within the next few months.

According to Peter Antonsson, the newly appointed managing director of the Skr15.5bn fund, the new benchmark allocation - agreed in December 2000 - will place 55% in equities, 35% in fixed-income, ...

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