The strategic asset allocation defines the asset classes we invest pension capital in, and what proportion we invest in each. The most important asset classes are shares, bonds, real estate, precious metals and infrastructure projects.
PUBLICA has eleven open and seven closed pension plans. The open plans are made up of active members and pension recipients. The closed plans contain only pension recipients, which means they are less able to absorb risks. For this reason, there is one strategic asset allocation for the open pension plans and another for the closed ones.
