ABP, CalPERS post strong 2009 returns

clock

GLOBAL - Dutch pension provider ABP and US pension fund California Public Employees' Retirement System posted 2009 results of 20.2% and 11.8% respectively.

The €208bn (US$293.1bn) ABP said the return for the second half of 2009 was 15.1%. The scheme's coverage ratio was 104% at the end of 2009. The ratio had reached 109%, but had to be revised down...

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 Investment

Trustee calls for moratorium on TCFD and implementation statements for schemes

Trustee calls for moratorium on TCFD and implementation statements for schemes

‘Box ticking exercises’ diverting resources from more impactful initiatives

Professional Pensions
clock 26 September 2025 • 2 min read
Bobby Riddaway: A silver bullet for private investment and climate action

Bobby Riddaway: A silver bullet for private investment and climate action

Bobby Riddaway says we need new partnerships, better education, and a shift in mindset across the industry

Bobby Riddaway
clock 26 September 2025 • 5 min read
DC schemes should have UK equity allocations of 25%, think-tank says

DC schemes should have UK equity allocations of 25%, think-tank says

Move would reverse ‘stark decline’ in UK equity weightings over the past decade

Jonathan Stapleton
clock 26 September 2025 • 3 min read
Trustpilot