This week in asset owner history: APG launches China bond strategy

On November 29, 2019, APG Asset Management launched its first China fixed income strategy. The firm that invests Dutch pension savings built a China fixed income team and set up branches in Beijing and Shanghai, amid a rapid recent buildout in Asia. Sandor Steverink, APG This expansion was “a strategic step”, Sandor Steverink, head of treasuries at APG, told AsianInvestor in November 2019, “since we expect the Chinese financial markets to grow continuously and [that they…