For World’s Pensions, Asia Sees Growth while America Falters
Asian pension funds (including Australia) gained 19% in the past five years, according to a study by Watson Wyatt; North American funds, on the other hand, returned just 4%.
Asian pension funds (including Australia) gained 19% in the past five years, according to a study by Watson Wyatt; North American funds, on the other hand, returned just 4%.
British final salary schemes with surpluses increased their funding status in August, according to new figures; the same, however, cannot be said for underfunded plans.
A new survey shows that pension funds and asset managers view the latter’s services in a different light, with only 5% of pension funds willing to say that their asset manager was ‘excellent’.
Studies show that large institutions are moving away from equities, burned by a decade of sub-par returns, but will such a move have caused them to miss one of the greatest bull runs in decades?