Total assets of the world’s largest 300 pension funds reached anew high of $12.7 trillion in 2011, according to Pensions &Investments and Towers Watson research.
The study showed that pension assets grew by under 2 percent in2011, compared to 11 percent in 2010, the lowest growth rate since2003, except for a 13 percent decline in 2008.
Asia-Pacific experienced a 9 percent five-year growth rate,while Europe had a 6 percent growth rate and North America had a 0percent growth rate. Latin American and African regions combinedhad a growth rate of 8 percent.
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