mast image

Impact Investing

IPE special report May 2018


OPF hails Dutch corporate schemes' returns

The 2005 investment results of Dutch corporate pension funds have been excellent, with returns of up to 25.3%, says the Foundation of Company Pension Funds (OPF).
According to the OPF, which has combined AUM of €114bn, the results have been positive for the third consecutive year.
Equities performed especially well, with returns of over 26%. Fixed interest yielded 6%. Real estate - the funds in particular showed good results - returned 14%.
“Because of the rise of the dollar, the decision to hedge has affected the results by some percentage points,” OPF said.
With returns of 25.2%, the pension fund of food producer Masterfoods - with AUM of €806m - produced the best results in 2005. Protector, the €1.2bn scheme of Exxon Mobil, came second with returns of 21.5%. Philips’ €14.5bn scheme and €9.6bn pension fund of ING reported results of 13.3% and 14.5% respectively.
Returns during the past five years averaged between 0.5% negative and 7.3%. The pension scheme of Dutch daily Het Financieele Dagblad performed best, with average returns of 7.7%.
“Based on the 10-year results, the participating schemes have reasons for satisfaction,” OPF said. The returns during this period vary from 4.6% to 11.8%. The best returns were reported by the vicars’ pension fund.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • RE-2441

    Closing date: 2018-05-31.

Begin Your Search Here