Nordic pension funds’ investments in unlisted asset classes will not slow down in the aftermath of Covid-19, according to Per Frederiksen, head of continental Europe at US asset manager Nuveen. On the contrary. He believes tangible asset classes without or with low correlation to listed stocks and bonds, such as farmland and forestry, will increase in demand among his client base.
“I expect that Nordic pension funds will continue to look for diversification and yield within the illiquid space," he explains.
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