The CIOs at Industriens Pension and PFA see risks of negative returns on government bonds and are therefore ready to protect pension savers from inflation by increasing allocation into equities, writes Danish financial media Børsen.
"Inflation is a hot topic at the moment, and that can affect the bond market. Equities provide protection against inflation, as the cashflow that companies receive will be adjusted for inflation, which calls for increasing equity exposure," says Peter Lindegaard, CIO of Industriens Pension, tells the paper.
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