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European investors look to add inflation protection to portfolios European investors look to add inflation protection to portfolios Christian Kjaer said the market is indicating there will be an inflation spike. European pension fund executives are making portfolio tweaks in anticipation that inflation will continue to increase when governments fully lift COVID-19-related restrictions. Contributing to the inflationary pressure in investors minds is the backdrop of the European Union and U.S. government s fiscal responses to offset the economic pain of the pandemic, as well as loose monetary policies of the European Central Bank and the Federal Reserve. Some asset owners in Europe are concerned these factors could combine to create lasting inflation. ....