World Finance Pension Fund Awards 2019 | Finance World | 28 July 2019 |
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| Organizer | Finance World |
| Submission deadline |
28 Jul 2019 5:00pm UTC
(over 5 years ago)
In your time zone: Jul 28 1pm EDT |
| Region | All |
Details
Despite a strong performance in 2017, pension funds still face challenges on multiple fronts. The World Finance Pension Fund Awards 2018 provide an insight into which firms embody the future of the industry
As with the rest of the financial services industry, pension funds are responding to an array of challenges, including keeping up with the rising tide of technological advances and managing a dramatic shift in global demographics. However, last year the value of retirement savings soared to record heights.
Assets managed in institutional pension funds across 22 major markets reached $41.3trn at the end of 2017, up 13 percent on the previous year, according to investment consultant Willis Towers Watson. Last year’s $4.8trn increase in the total value of pension assets was the largest annual increase in dollar terms in two decades.