Global institutional pension fund assets in the 22 largest major markets (the P22) continued to climb in 2020 despite the impact of the pandemic, rising 11% to $52.5 trillion at year-end, according to the latest figures in the Global Pension Assets Study conducted by Willis Towers Watson’s Thinking Ahead Institute.
The seven largest markets for pension assets (the P7) — Australia, Canada, Japan, the Netherlands, Switzerland, the U.K. and the U.S. — account for 92% of the P22, unchanged from the previous year. The U.S. remains the largest pension market, representing 62% of worldwide pension assets, followed by Japan and the U.K. with 6.9% and 6.8%, respectively.
Author(s): Willis Towers Watson (press release)
Publication Date: 16 February 2021
Publication Site: Yahoo Finance