The alternative investments of the Church Pension Fund have been diversified to three sub-portfolios: real asset investments (real estate and infrastructure investments), absolute return investments and derivatives.
The Church Pension Fund's alternative investments on 31.12.2020.
The return on alternative investments is not expected to significantly correlate with fixed-income and equity investments. The biggest uniting factor for alternative investments is that the investments are long-term and carry a greater liquidity risk.
Annual returns for the alternative investments 2015-2020*:
* Alternative fixed income is included in fixed income investments and private equity is included in equity investments since 2020.