Published: April 21, 2011
Recent shock events around the world have had a major impact on many European pension funds’ decisions about where to put their money. Liz Salecka reports.
Having already taken measures to reduce volatility in their portfolios post-financial crisis – rather than seeking the high returns they previously favoured – European pension funds are again adopting risk-averse investment policies to deal with today’s more uncertain global environment, particularly in the wake of events such as Japan’s tsunami and political unrest in the Middle East and North Africa.