Portuguese pension funds return 1.9%

clock •

PORTUGAL - Portuguese pension funds reported a 1.9% return in December, the best monthly return this year according to Watson Wyatt.

The firm said the compounding of SEMP’s average asset allocation as at the end of September 2005 with the corresponding indices’ monthly returns produced an expected average return of +1.9% (month ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Portugal

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).

Chris Panteli
clock 06 July 2011 •
Portugal

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.

Raquel Pichardo-Allison
clock 04 May 2011 •
Portugal

Industry experts criticise Portuguese third pillar

Portugal's third pillar system has come under fire from the pension industry, with insiders questioning the need for a publicly-funded third pillar in competition with private options.

Andrew Sheen
clock 07 July 2008 •
Trustpilot