A second straight year of double-digit growth boosted global pension asset values to $52.5 trillion.
Pension fund assets within the world’s 22 largest markets saw double-digit gains for the second straight year in 2020, climbing 11% to $52.5 trillion, according to the 2021 “Global Pension Assets Study” from Willis Towers Watson’s Thinking Ahead Institute.
“In what was a highly tumultuous year, pension funds continued to grow strongly in 2020, underpinned by ongoing multi-decade themes such as the rotation from equities to alternatives and the growth of DC [defined contribution], now the dominant global pensions model,” Marisa Hall, co-head of the Thinking Ahead Institute, said in a statement.
up to four years in prison. at a news conference yesterday, the victim s brother said he doesn t believe the shooting was racially motivated. now convicted killer jodi arias has been sentenced to life in prison without the possibility of parole. the victim s family members had urged the judge to give arias the death penalty. arias apologized for the pain she caused them and said she was disgusted and repulsed by herself. after the sentence, her attorneys said arias was in good spirits and ready to start the next part of her life. rescue operation overnight for a well-known mountain lion trapped in the crawl space of a los angeles home. here s the cat known as p22. 22. two wildlife officials inside the small space, the animal has made this neighborhood near griffith park his home for the past three years. home security technicians got a surprise when they went to install equipment and spotted the eyes of the p22. thunderstorms and heavy rain could make for a tough commute