Inflation Puzzle Has $42 Billion Fund Weighing Rate Options
This article is for subscribers only.
The $42 billion Swedish pension fund AP1 may veer from its usual investment strategies and buy options as diverging outlooks for inflation look set to create a new opportunity for returns, its chief executive officer said.
AP1 doesn’t typically invest in interest rate and foreign currency options “very intensively,” but circumstances are different now, Kristin Magnusson Bernard said in a phone interview.