ABP has really lost its way, according to another dubious decision to (structurally) exclude certain shares.
ABP has really lost its way, according to another dubious decision to (structurally) exclude certain shares.
In addition to the question of whether ABP has lost its way, the main question that arises is why ABP is given so much room to deviate so far from its primary task: achieving the best possible risk-adjusted return.
This while more than 3 MILLION people are MANDATORY to participate.
You would expect that if a pension fund makes such extreme decisions with a potentially major impact on the pension of participants, those
same participants would also be given the opportunity to build up their pension elsewhere. Right?

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