Global institutional pension fund assets in the 22 largest major markets (the P22) continued to climb in 2020 despite the impact of the pandemic, rising 11 percent to $52.5trn at year-end, according to the latest figures in the Thinking Ahead Institute’s global pension assets study. This growth in pension funds was underpinned by ongoing multi-decade themes, such as the shift from equities to alternatives and the rise of defined contribution (DC) pension assets, which now represent the dominant global pensions model.
The study found that the market value of pension funds increased by less than one percent from June 30 and September 30, 2020.
Around 18 percent of pension firms said they should hold around three to five percent in precious metals, and 66 percent between five to seven percent. For industrial metals, 44 percent said their exposure should be three to five percent, 24 percent said between five and seven percent and 24 percent said seven to nine percent.
A list of the companies awarded in the World Finance Pension Fund awards 2021 can be seen in the link below.