The world’s largest pension funds increased their assets to $15.7 trillion last year, posting positive results across major asset classes to recover from 2015’s decline, according to Willis Towers Watson. The London-based consulting firm said this week that the 300 biggest pensions saw assets under management rise 6.1 percent in 2016, after tumbling 3.4 percent the year before. The top 20 funds increased assets by 7.1 percent to $6.3 trillion.
Among these giants are the world’s largest asset owner, Japan’s $1.2 trillion Government Pension Investment Fund, and the $893.1 billion Government Pension Fund in Norway. The United States’ Federal Retirement Thrift, the largest defined contribution plan with $485.6 billion of assets, ranks as the third biggest pension fund, while South Korea’s national pension fund and Dutch pension ABP round out the top five with more than $400 billion under management each.“ Institutional Investor
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