Asia
The world’s leading 300 pension funds’ total assets dropped by over 3% last year to a figure of US$14.8 trillion overall. However, Asia-Pacific (APAC) pensions delivered growth of about 1% during the year, according to newly-released research from Willis Towers Watson and P&I. The analysis of the top 300 global pension funds revealed that despite recording the first drop in assets since the beginning of the 2008 global financial crisis (GFC), cumulative asset growth is almost 19% since then. The research also shows that the assets of the top six APAC funds increased by around 1% during 2015, as compared to a decrease of 2% for the top 20 funds. The six largest funds in APAC contributed to 41% of the total fund assets of the top 20 in the ranking.