Finnish KEVA plans asset restructure

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FINLAND - The e20bn Local Government Pensions Institution (KEVA) will put forward plans to its board of trustees to restructure its asset portfolio on the back of consistently low interest rates.

The fund currently allocates 45% to equities, 40-42% to fixed income and the remainder to private equity and alternatives. According to Jarri Sokka, executive director of KEVA, allocation to equiti...

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