The head of asset allocation at Sweden's Länsförsäkringar pension fund plans to increase the scheme's exposure to alternatives from 14% to 25% over a five-year period.

Gustav Karner, who oversees €12bn ($15.2bn) in assets at Swedish insurer and fund manager Länsförsäkringar, said he is looking to increase alternative investments to 25% in the next three to five years.