Portuguese funds' expected to return 7.4% in 2004

clock

PORTUGAL - Portuguese pension funds are expected to produce a return of 7.4% for 2004, according to estimates from Watson Wyatt.

The firm expects the funds’ will return 0.7% for the month of December after the dissolution of the Portuguese government at the start of the month. “The political crisis provoked the biggest we...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Portugal

Moody's downgrades Portuguese debt to 'junk' status

PORTUGAL - Moody's has downgraded Portuguese debt to 'junk' status on fears it will need a second bail out just months after it received €78bn ($112bn).

clock 06 July 2011 •

Bailout package includes pension cuts

PORTUGAL - The country's €78bn ($116bn) bailout package will include cuts to higher pension payments, but left many other pension provisions in place.

clock 04 May 2011 •

Portugal telecom transfer pension fund to state

PORTUGAL - Portugal Telecom has agreed to sign over its pension fund, which has €2.8bn ($3.7bn) in liabilities, to the state.

clock 06 December 2010 •
Trustpilot