* APG Group Annual Report 2023
Most assets are managed in-house by APG Asset Management, while a smaller portion is entrusted to external managers. The balance differs by asset class.
The purpose of the investment is primarily to provide access to emerging market debt (EMD) which mainly consists of sovereign and quasi-sovereign debt securities across a range of countries. In building the EMD strategy, we use both active and passive strategies to maximize returns in a cost efficient manner.
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As part of a global portfolio, investing in bonds of emerging countries provide access to higher return which compensates for the higher implicit risk.
Our investment principle
* APG Group Annual Report 2023
Most assets are managed in-house by APG Asset Management, while a smaller portion is entrusted to external managers. The balance differs by asset class.