Assets under management (AUM) at the world's 300 largest pension funds increased in value by 8.0% to a total of $19.5trn in 2019, compared to the 0.4% decline in the previous year, said a study.

The value of the top 20 pension funds' AUM also rose by 8.1% in the same period, equating to 40.7% of the total AUM in the rankings, unchanged from the year before