The P&I/Towers Watson global 500 ranking is prepared using joint research by Pensions & Investments and Towers Watson.
Highlights from this year’s report include:
- Total assets of the world’s largest 300 pension funds grew by over 11% in 2010 (8% in 2009) to a record high of US$12.5 trillion and up by around US$1.2 trillion from last year’s figure.
- Despite last year’s growth in total assets, annualised growth of all funds during the past five years has fallen to just over 6%.
- By individual region, Europe has the highest five-year growth rate of 11% compared to Asia (9%) and North America (1%); while the Latin American and African regions combined have a growth rate for the same period of 15%, albeit from a low base.
- The world’s top 300 pension funds now represent over 47% of global pension funds assets.