Stichting Pensioenfonds ABP Ends 2018 in the Negative
Posted on 02/06/2019
The Netherlands’ pension investor giant, Stichting Pensioenfonds ABP, lost three quarters worth of returns in the raucous markets of late 2018. The US$ 455 billion pension fund lowered its coverage ratio to 97%, down from 104.4% in 2017. The fund lost 4.6% in the last quarter of 2018 and ended the year down 2.3%. ABP […]
