GLOBAL - Institutional pension fund asset growth was outpaced by growth in liabilities in 2004, according to a global asset study by Watson Wyatt.
While pension fund assets in the 11 “major markets”, measured in local currencies, grew just over 7% to a total US$15.3trn, conquering the previous high of US$13.7trn in 2003, liabilities increased...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
