APG Asset Management Could Be a Much Smaller Org if ABP Accelerates Push to Passive
Posted on 05/09/2023
Stichting Pensioenfonds ABP, Netherlands’ civil service scheme, will eventually switch its investment approach for liquid assets from an active to a passive style after growing frustrated with performance and fees. ABP outsources its investment management to APG Asset Management. ABP’s active equity investments have lagged the benchmark for years. ABP concluded in its 2022 annual…
