Data sourced from Willis Towers Watson.
In the Asia-Pacific region, CPF ranks as the fourth-largest pension fund, behind Japan’s Government Pension Investment with US$1.2 trillion, South Korea’s National Pension with US$435.4 billion, and China’s National Social Security with US$295.0 billion. Total assets of the world’s largest 300 pension funds fell – for the first time since the 2008 global financial crisis – by over 3% in 2015 to a sum of US$14.8 trillion overall. Asia-Pacific, however, saw an increase of around 1% during the year. ......Singapore’s Central Provident Fund (CPF) has leapfrogged over Canada Pension and PFZW of the Netherlands to become the eighth-largest pension fund in the world, with assets worth some US$211.4 billion ($286.8 billion) as at Dec 31, 2015.
This is according to research released on Monday by US investment newspaper Pensions & Investments and global advisory firm Willis Towers Watson.
