ABP, the €209bn ($296bn) Dutch pension fund for public employees, is considering a shift to an age-based approach used by many defined contribution schemes in an effort to keep it attractive to younger investors prepared to countenance more risk for higher returns.

The fund's chief investment officer Roderick Munsters told delegates at a conference that the ABP fund is currently based on a uniform asset mix and indexation policy for all members. It is considering the move to avoid putting off younger investors, Munsters said.