Dutch pension funds, with assets totaling €2tn, are planning to increase investments in risky assets in Europe by about 5 percentage points over the next five years due to reforms transitioning to a system without fixed benefits. This move aims to support Europe’s investment goals and bolster the defence sector, with APG Asset Management CEO Ronald Wuijster highlighting a potential €100bn increase in private equity and credit investments, mainly in Europe. The shift towards private assets and credit will be gradual over the next five years, following the passing of a law in 2023 to move away from the previous defined benefit system, allowing for more flexibility and increased risk appetite.
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Billionaire David Tepper Sold 97% of Appaloosa's Nvidia Stake and His Entire Position in AMD in Favor of This Trillion-Dollar Artificial Intelligence (AI) Stock
The rise of the internet over 30 years ago marked a significant growth opportunity for corporate America, and investors are now anticipating a similar transformation with the evolution of artificial intelligence (AI). Companies are investing heavily in AI technologies, with PwC estimating a 26% increase in global GDP by 2030 as a result of AI advancements. Explain It To Me Like I'm 5: Big companies are excited about new technology called artificial intelligence, which can...
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