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PGGM moots new asset classes for factor investing

The fund manager is in the process of studying how pension funds could use smart beta strategies at a multi-asset level

PGGM Investments, the fund manager for the second-largest Dutch pension fund, is studying ways to use factor investing or "smart beta" strategies in a variety of asset classes.

These strategies offer a lower-cost way of investing and involve products that track indices based on factors such as low volatility, rather than being weighted by market capitalisation.

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