Investor profile: APG Asset Management US

Confidence in the future

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European pension fund managers are not known for their love of hedge funds. Cautious and circumspect in the management of money, they have been slower to embrace absolute return strategies than their US counterparts.APG, a subsidiary of the giant Dutch pension fund ABP, is one of the major exceptions to the rule.Established in 2008, APG manages pension assets of around €240 billion ($303.95 billion) on behalf of ABP, the pension fund for government and education workers in the Nethe