Publications

- March 1, 2014: Vol. 26, Number 3

To read this full article you need to be subscribed to Institutional Real Estate Americas

Global retirement assets hit record $32 trillion

by Mike Consol

Who says Americans — or citizens of other industrialized nations — don’t know how to save for their Golden Years?

Retirement assets in the 13 major global markets increased 9.5 percent to a record $32 trillion as of Dec. 31, 2013. Towers Watson’s annual Global Pension Assets Study also reports that U.S. institutional assets reached an all-time high of $18.9 trillion, up 12 percent from 2012. U.S. assets make up about 59 percent of total global assets, up from 56 percent. Japan and the United Kingdom have the next greatest share of assets at 10 percent each.

The 10-year average annualized growth rate of global assets for the 13 countries is just shy of 8 percent measured in local currency.

Since 1995, overall allocations to equity and fixed income dropped, while alternative allocations increased to 18 percent from 5 percent for the seven largest markets — Australia,

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?