09.09.2010 - Europe's pension funds regain the global no.2 spot
From Efinancialnews.com: Europe's giants, such as the $476bn Norwegian sovereign wealth fund, the $300bn Dutch civil servants' pension fund ABP, and the $112bn Danish national scheme ATP, were helped both by their home currencies appreciating against the US dollar, and by a generally more equities-heavy investment strategy. The consultants also wrote: "One notable performer was the Canadian Pension Plan which, after having dropped to 23rd in the rankings in 2009 after a 30% decline in assets, rose to 12th in this year's ranking after a 41% gain.".............................................Full Article: Source
Print