GLOBAL - Institutional pension fund assets of the world's 11 largest markets (P11) grew by 9% last year, significantly below the historic five-year average growth rate of 12%, according to Watson Wyatt.
In terms of pension assets as a proportion of GDP, P11 nations showed strong growth, increasing from 64% to 82% since 1997. The report showed GDPs to have grown by 57% during this period, while pen...
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