The Amonis pension plan for Belgian doctors, dentists and physiotherapists appointed Dutch consultant Ortec to assist in an asset-liability modeling study, said Tom Mergaerts, CFO of the €1 billion ($1.26 billion) plan. Results are expected around November, and adjustments to the asset allocation may be made as a result, said Mr. Mergaerts.
The Brussels-based plan invests 42% of assets in equities, 42% in bonds, 9% in real estate and 7% in alternatives.
Separately, the fund made its first commodities investment, a €35 million passively managed fund managed by AXA Investment Managers Benelux. Funding came from cash, and the investment is part of an attempt to diversify the plan's investment portfolio, Mr. Mergaerts said.