Download PDF Introduction The Dutch pension fund industry is undertaking a once-in-a-generation shift from defined benefit to defined contribution pensions, that is reshaping one of the world’s largest retirement systems, under a recent reform. At the core of the reform is a policy judgement that the old system made unsustainable Read more…
Download PDF Introduction The term “Liability Driven Investment”, also known as LDI, covers investment policies with the goal of covering current and future liabilities of the investor. As such, it is not a benchmark-driven investment strategy since it does not need to outperform any benchmark, but rather only needs to Read more…
Pension funds are key investors in the market, with around $27.6tn in assets as of 2018. In this article, we will present a brief overview of pension schemes and funds around the world, with a focus on the challenges that pension funds will have to face in the near future. Read more…