Asset allocation

2021/06/23

The distribution of assets among different categories varies over time, depending on market conditions and the management team's expectations of future trends.

This is a matter of allocating assets among, first, the various asset types and, second, different markets. At year-end 1988, the portfolio was 100% composed of interest-bearing securities. Since then the proportions invested in shares but also properties and alternative investments have risen. In the past ten-year period, RJ has had an average of 55% of its assets invested in shares.

Asset allocation since 1989

Assets 1989-2020

Allocation at 31 Dec. 2020

 

 Asset allocation 2020

 

 

 Allocation within shares

         

Shares (55% of portfolio)

   

Exposure by region

 

 

Shares portfolio 2020

   

Shares per region 2020

   



Allocation within shares (cont.)

   

Allocation, interest-bearing portfolio

   
Exposure by sector    

Interest-bearing
(24% of portfolio)

   

Shares exposure by sector 2020

   

 Allocation 2020

 

 

         

List of assets 13 Dec. 2020 (pdf)

       

List of all assets

List of all assets

       
 
Assets per categories
Equities

Alternative
investments

Real estate Fixed income
Equities Alternative investments Real estate Fixed income