Global pension assets record 23% increase to RE allocations

After more than a decade of uninterrupted growth, global pension assets last year recorded their largest fall since the global financial crisis of 2008, according to the latest Global Pension Assets Study from WTW’s Thinking Ahead Institute, a global advisory, broking and solutions company.

The study shows that global pension assets now stand at $47.9 trillion, a fall of 16.7 percent in a year driven largely by a correction in both fixed-income and equity markets.

The United States remains the largest pension market, followed at a significant distance by Japan and Canada. Together, these three markets account for over 76 percent of pension assets in the 22 largest pensions markets (P22). The United Kingdom slid into fourt