NETHERLANDS - ABP lost €12bn from its overall value with Pensioenfonds Zorg en Welzijn (PFZW) losing €2.4bn in the first half of 2008 due to poor performing equity markets.
The giant pension funds saw investment returns of -5.1% and 0.2% respectively, though both retained cover ratios (funding positions) well above the legal limit of 125%. Mr. Brinkman, chairman, A...
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