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PFA executive: The trick is to secure returns but minimize risks

Michael Bruhn, Head of Real Estate at Denmark's largest commerical pension fund PFA, answers questions on real estate investments posed by AMWatch's sister site Ejendomswatch.

Michael Bruhn has been managing director at PFA Real Estate since March 2013. | Photo: Tanja Carstens Lund/Jyllands-Posten

How would you describe the first half of 2018 at your organization?

"PFA Ejendomme had a busy and very rewarding first half year, and our property focus is beginning to pay off. We're now reaping the harvest of the investments we made in the last five years.

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PFA says three big changes will bring better returns

To get returns on the same level as other pension firms, PFA has made three big changes to its portfolio, including taking on more risk, says the firm, which doesn't fear a backlash from this year's predicted unsteady market.

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