ABP

NETHERLANDS - Stichting Pensioenfonds ABP yesterday said it would raise premiums 0.5% starting 1 April.

NETHERLANDS - The coverage ratio for pension fund ABP hit 105% at the end of 2010, surpassing its target for the year.

NETHERLANDS - Stichting Pensioenfonds ABP plans to raise premiums in 2011 as a result of new longevity estimates.

NETHERLANDS - Dutch pension assets managed by external managers soared by 21% in the year ended March 31 to €922bn ($1.3trn), a report by consultancy Bureau Bosch shows.

NETHERLANDS - Olaf Sleijpen, director of institutional clients at APG is leaving to start a new role at De Nederlandsche Bank (DNB) at the start of 2011.

NETHERLANDS - ABP's funding level waxed and waned over the third quarter ending at 94% as daily changes in interest rates caused wild swings in its coverage ratio.

NETHERLANDS - Five Dutch pension funds have teamed up to explain their funding plight to their members and pointed a finger at the impact of low interest rates.

NETHERLANDS - Algemene Pensioen Groep NV, which manages about €250bn ($321bn) for the Netherland's largest pension fund, said it plans to increase its real estate investment in Asia as it seeks to benefit from the region's economic growth.

NETHERLANDS - Stichting Pensioenfonds ABP, the Netherlands' biggest pension fund, reported a return on investments of 4.6% in the first half of 2010.

AUSTRALIA - Industry superannuation fund Media Super has agreed to offer a A$20m (US$17m) loan to help indirectly finance Australian film and television programmes.