PGGM assets rise over 7%
Healthcare sector pension fund Zorg en Welzijn, formerly known as PGGM, was hit by unrest on the financial markets in the final three months of last year.
The value of its share portfolio fell by 1.9% in the final quarter but this was outweighed by a 14% growth in its commodities investments.
Over 2007 as a whole, PGGM saw its assets grow by €7.5bn to over €88bn.
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