Spain & Portugal Coverage
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News
Portuguese pension funds return -11.4% for calendar year 2022
Average gains of 1.5% in the final quarter of 2022 took Portuguese pension funds to an average -11.4% return for the 12 months to 31 December 2022. In contrast, the three months to September 2022 had produced an average -2.9% return, with a -11.3% return for the 12 months to ...
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News
Spanish pension funds mirror global market falls with 8.8% loss for 2022
Alternative, especially private markets, continue to grow in importance
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News
IPE Conference: Risk of economic decline is weighing on central banks
Inflation getting stuck above 2% is going to be a problem everywhere, says BBVA’s Jorge Sicilia
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News
COVID recovery sparks 13% return for Spanish funds
For the first time, equities have become the largest individual domestic asset class
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News
Spanish government planning auto-enrolment pension system
The new Spanish public pension fund will be government-sponsored but privately run in terms of fund management and administration
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News
Spanish funds end 2020 on upswing with 1.5% return
Q4 figures brought the average annualised return for Spanish occupational funds to 2.54% for the five-year period
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News
New law ups governance requirements in Portugal
Portuguese occupational pension funds returned an average 5.9% over the second quarter of 2020
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News
Sharp rebound in Q2 for Spanish pension funds
The median return from April to June was 5.2%, with some funds achieving around 9%, and no funds reporting negative returns
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Special Report
Portugal: Low savings rates heighten long-term challenges
A new flexible pension regime will encourage members to retire early
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News
Amundi completes Sabadell Asset Management acquisition
Acquisition adds around €21bn to Amundi’s assets under management
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News
Iberia roundup: Spanish funds make ‘significant’ recovery after March rout
Plus: Portuguese funds pull back -8.1% Q1 loss
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News
Portuguese pension funds return 8.2% before COVID-19 hit
Schemes had an allocation to debt of up to 64% in 2019
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News
Pensions Caixa 30 appoints new chair
Noteworthy appointment in the pension industry due to the chair’s derivatives-focused background
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Country Report
Spain: The tide turns
Investors hope that this month’s general election brings much needed stability to a faltering economy
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Country Report
Portugal: In search of higher yield
Asset allocation strategies remain largely unchanged and the search for yield broadens out
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Country Report
Gulbenkian Foundation: Green credentials
The Calouste Gulbenkian Foundation is realigning its portfolio to meet green requirements
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Country Report
Spain: Unintended outcomes
Spain has experienced recent constitutional turmoil, yet it is the politics of Italy that is troubling pension funds. How will this affect asset allocation?
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Country Report
Portugal: The success story
Portugal is an example of how a bailout can turn around a nation’s finances. Sovereign debt has returned to investment grade and is popular again with domestic pension funds
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News
Shareholders for Change gives voice to Europe’s small investors
New association of small institutional investors wants to tackle niche ESG topics