NETHERLANDS - Three of the largest Dutch pension funds have lost investment returns because their interest rate hedges performed negatively in 2007.
PME, the Dutch metal and electro-technical engineering sector fund, saw its total 2007 return dented due to a -3.1% return on its interest rate hedge: investment return was 8.3%, but total return w...
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
