Portuguese funds August update

clock

PORTUGAL - Portuguese pension funds received average expected returns of 1.4% (m-o-m) for August despite market volatility, said a report released by Watson Wyatt in Portugal.

The figure comes from the compounding of SEMP's average asset allocation at the end of June this year with the corresponding indices' monthly returns and represents an improvement on July's expecte...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Portugal

Moody's downgrades Portuguese debt to 'junk' status

PORTUGAL - Moody's has downgraded Portuguese debt to 'junk' status on fears it will need a second bail out just months after it received €78bn ($112bn).

clock 06 July 2011 •

Bailout package includes pension cuts

PORTUGAL - The country's €78bn ($116bn) bailout package will include cuts to higher pension payments, but left many other pension provisions in place.

clock 04 May 2011 •

Portugal telecom transfer pension fund to state

PORTUGAL - Portugal Telecom has agreed to sign over its pension fund, which has €2.8bn ($3.7bn) in liabilities, to the state.

clock 06 December 2010 •
Trustpilot