Thursday, July 19, 2007

UPDATE 2-Dutch fund ABP mulls cutting oil investments

(Reuters) - SCHIPHOL, The Netherlands, July 19 - ABP, one of
the world's largest pension funds, is considering reducing oil
investments in favour of other commodities to diversify its
portfolio, the Dutch pension fund said on Thursday.




"It might be wise to reduce the stake of oil assets in our
commodities portfolio," Tom Steenkamp, ABP chief investment
officer for allocation and research, told reporters.


Read more at Reuters.com Bonds News

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