Global pension fund assets hit record $41.3 trillion in 2017: study

[February 05, 2018]    LONDON (Reuters) - Global institutional pension fund assets in the world's 22 biggest markets hit a record $41.3 trillion in 2017, a study on Monday showed.

Total assets grew $4.8 trillion over the year, the study by the Thinking Ahead Institute, a global not-for-profit member organization, and consultants Willis Towers Watson said, the largest yearly growth in dollar terms in the last 20 years.

Hong Kong pension assets saw the strongest growth, rising 21 percent in local currency terms, the report said, helped by strong stock market gains, including a 40 percent return in Hong Kong-listed equities.

(Reporting by Simon Jessop; editing by Carolyn Cohn)

[© 2018 Thomson Reuters. All rights reserved.]

Copyright 2018 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.