PGGM boosts assets 4% in Q4

Civil service pension fund PGGM saw its assets rise 4.1% to over €81bn in the fourth quarter of last year. The fund booked an 11% return on investment over 2006 as a whole. PGGM’s chief investment officer, Else Bos, said the increase was due to investment in property and shares, which now account for 58% of its investment portfolio

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