BELGIUM - Pension funds managed by Degroof Institutional Asset Management (DiAM) have delivered a median net performance of 4.4% since the beginning of the year.
The Mercer HR Consulting figures for the first quarter of 2006 analysed the investment performance of 90 portfolios of Belgian pension funds. DiAM manages 25% of all Belgian pension funds.
The 4.4% performance was higher than the median return of the universe, which came in at 3.8%.
DiAM said it had outperformed the market average in six years out of seven years, and performed in line with the average for one year.
By Lisa Haines
The 100 largest global pension funds are widely ignoring climate-related risks despite recent warnings by UN scientists, the Asset Owners Disclosure Project (AODP) says.
Premier Inn owner Whitbread has cut its defined benefit (DB) pension deficit to £162m ahead of its agreed £3.9bn sale of Costa Coffee to Coca-Cola.
Trends in longevity and mortality have proven difficult to forecast historically, but are vital to funding schemes and ensuring adequate retirement pots. James Phillips explores the key influences
The two-sided simplified annual pensions statement should be applauded, even if it missing information, says Jonathan Stapleton.