The funding ratio of the Dutch-based Mars Pensioenfonds, for employees of Mars, saw its policy coverage funding ratio rise to 130 per cent at the end of 2021, its annual report has revealed.
Since then, it has increased, as at the end of May 2022 the policy coverage ratio was 137.5 per cent.
In addition, at the end of 2021, the scheme’s assets were €1.9bn and its liabilities were €1.4bn. The increase in its assets compared to liabilities was due to the end of the negative effects of Covid-19 on the financial markets.
Last year saw the fund switch pension administrators from TKP to Blue Sky Group.
During the year, the pension funds increased its attention to environmental, social and governance (ESG) issues. In the first quarter of 2021, it updated its principles regarding responsible investment in a policy document. In addition, the fund signed the UNPRI.
Latest News
-
NBIM reveals messages between CEO Nicolai Tangen and Elon Musk
-
Irish Pensions Authority publishes revised PRSA code of conduct
-
Spanish individual pension plans and EPSVs assets rise by 6.16% in 2024
-
Industriens Pension funds new property development in Egedal
-
ATP acquires Ontario Teachers' stake in Copenhagen Airport
-
ABP invests €25m in Dutch drone technology
Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda
Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories