Market turbulence hits PFZW return (amended)

Market turbulence hits PFZW return (amended)

[16:40 CET 25-01] NETHERLANDS – PFZW, the Netherlands’ second-largest pension fund, achieved a positive return in 2007 for the €88bn pension fund, but suffered a negative return of –0.4% in Q4 because of the market shift and its impact on liability hedging.

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