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Here is the latest issue of the Cypen & Cypen Newsletter.
An online version of this Newsletter will be available at
http://www.cypen.com/pubs/09-29/2005september29.htm
CYPEN & CYPEN
NEWSLETTER
for
SEPTEMBER 29, 2005
Copyright, 1996-2005, all rights reserved
Stephen H. Cypen, Esq., Editor
1. WORLD'S LARGEST PENSION FUNDS: Total assets of the world's 300
largest pension funds rose 27% in 2004, according to the annual survey
conducted by Pensions & Investments and Watson Wyatt Worldwide. Assets
totaled $8.39 Trillion, up from $6.59 Trillion in 2003. A huge gain --
50% -- was seen with the top 20 funds, at $3.24 Trillion in 2004 from
$2.16 Trillion the year before. Actually, 39% of the top 300 assets were
held by the largest 20 pension funds. Assets of U.S. funds in the top 300
totaled $3.74 Trillion, up from $3.47 Trillion. But the percentage of
total assets held by U.S. funds among the 300 continued to decline. In
2004, U.S. funds accounted for 44.7% of total assets for the world's top
300 funds, the first time since the survey began that total U.S. assets
fell below the 50% mark. U.S. funds held 52.6% of assets in 2003 and 63%
in 2001. The following is a list of the top 10 largest pension funds in
the world:
1. Government Pension Investment (Japan) - $1,058,502,000,000
2. ABP (Netherlands) - $230,783,000,000
3. California Public Employees (U.S.) - $168,320,000,000
4. Local Government Officials (Japan) - $164,135,000,000
5. Federal Retirement Thrift (U.S.) - $141,026,000,000
6. National Pension (Korea) - $134,970,000,000
7. New York State Common (U.S.) - $117,450,000,000
8. Pension Fund Association (Japan) - $116,784,000,000
9. California State Teachers (U.S.) - $116,695,000,000
10. Postal Savings Fund (Taiwan) - $110,264,000,000
Here is the latest issue of the Cypen & Cypen Newsletter.
An online version of this Newsletter will be available at
http://www.cypen.com/pubs/09-29/2005september29.htm
CYPEN & CYPEN
NEWSLETTER
for
SEPTEMBER 29, 2005
Copyright, 1996-2005, all rights reserved
Stephen H. Cypen, Esq., Editor
1. WORLD'S LARGEST PENSION FUNDS: Total assets of the world's 300
largest pension funds rose 27% in 2004, according to the annual survey
conducted by Pensions & Investments and Watson Wyatt Worldwide. Assets
totaled $8.39 Trillion, up from $6.59 Trillion in 2003. A huge gain --
50% -- was seen with the top 20 funds, at $3.24 Trillion in 2004 from
$2.16 Trillion the year before. Actually, 39% of the top 300 assets were
held by the largest 20 pension funds. Assets of U.S. funds in the top 300
totaled $3.74 Trillion, up from $3.47 Trillion. But the percentage of
total assets held by U.S. funds among the 300 continued to decline. In
2004, U.S. funds accounted for 44.7% of total assets for the world's top
300 funds, the first time since the survey began that total U.S. assets
fell below the 50% mark. U.S. funds held 52.6% of assets in 2003 and 63%
in 2001. The following is a list of the top 10 largest pension funds in
the world:
1. Government Pension Investment (Japan) - $1,058,502,000,000
2. ABP (Netherlands) - $230,783,000,000
3. California Public Employees (U.S.) - $168,320,000,000
4. Local Government Officials (Japan) - $164,135,000,000
5. Federal Retirement Thrift (U.S.) - $141,026,000,000
6. National Pension (Korea) - $134,970,000,000
7. New York State Common (U.S.) - $117,450,000,000
8. Pension Fund Association (Japan) - $116,784,000,000
9. California State Teachers (U.S.) - $116,695,000,000
10. Postal Savings Fund (Taiwan) - $110,264,000,000
