Five beliefs guide our investment activities and help to add value in the investment process, resulting in a high and stable return.     

1. High return not achievable without risk 
We do not match the investments precisely to the liabilities, because that would mean much higher contribution rates. Given our client’s long-term horizon, we can afford to accept some investment risk in exchange for extra return.

2. Risk diversification is essential
We ensure good diversification of risk by allocating the portfolio to different asset classes. The portfolio of strategies is a good example of this.

3. Cost-efficiency makes a difference
Costs may appear less significant compared with the size of the assets and the fluctuations in return, but cost-efficiency can have a significant impact over the years.

4. Use our strength as a long-term investor
Because pension investments have a long-term horizon, we select investments for our client which generate a high return in the long term. We have a good track record in illiquid investments such as real estate and private equity.

5. Sustainability is essential
We believe that financial and social returns are compatible objectives. As an institutional investor, we have a social responsibility. Good corporate governance and sustainable investment are central to our operations.