Pension funds deserved 9.9% more
AMSTERDAM - the majority of pension funds in the
Netherlands gained concerning last year an output of 9.9 percent,
average from their placements. A year rather the output ended up
on 10.7 percent. That becomes clear Thursday from figures of WM
performance services.
This office measures the placement performances of a large part
of the pension funds in the Netherlands. Last year watched WM
122 funds with capacity a jointly convened of approximately 180
billion euro. NATIONAL CIVIL PENSION FUND and PGGM have been
disregarded, because these enormous pension funds are possible the
picture of the whole group beïnvloeden.
According to the research office the pension funds have shaken,
after two years of positive results, the strong losses on the stock
markets from 2000 up to 2002 for large from itself the pension
administrators a NATIONAL CIVIL PENSION FUND and PGGM, which had last
year a large part of their money in shares sit, above on average have
performed previous year. NATIONAL CIVIL PENSION FUND gained an
output from its placements of 11.5 percent and PGGM came on 11 per
cent.
Source "pension funds deserved 9.9% more": telegraph
Head index page of "pension funds deserved 9.9% more"
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