PME

PME is a non-profit pension fund that administers the pensions of 1,393 employers, 165,000 active participants and 167,000 retirees in the metal and technology industry.

Country

Netherlands

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$58

Performance (%, 1YR)

8.7

Chief Executive

Eric Uijen

Chief Investment Officer

Marcel Andringa

Chair

Nicole Beuken

Asset allocation

20.6% Govt Bonds

16.9% Corporate Bonds

4.8% Mortgages

3.7% Liquid Assets & Alternatives

5% High Yield Corporate Bonds

6.2% High Yield Emerging Markets

21.7% Developed Markets Shares

4.2% Emerging Market Shares

6.8% Private Equity

3.2% Dutch Real Estate

3.1% International Real Estate

3.8% Real Assets

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website

Profiting from war: Europe’s pension funds mull investing in defence

PensionDanmark says its decision to invest in ships for the Danish navy has been prompted by Russia's invasion of Ukraine. Other European pension funds are under pressure from policy makers to invest in defence but the sector doesn't sit comfortably with ESG priorities.

Demystifying private equity

US public pension funds, on average, have around 9.4 per cent allocated to private equity but for many public funds monitoring the firms that manage these investments – including the transparency of underlying investments, fees, performance and benchmarking – as well justifying these investments to boards and stakeholders, takes up more than 10 per cent […]

PME’s path to recovery

PME, the â‚¬18.8 billion (US$25.6 billion) industry-wide pension fund for the mechanical and electrical engineering sector in the Netherlands, has seen its funding ratio fall 45 per cent over the last year. Kristen Paech talks to the fund about its recovery plan, including the decision not to rebalance equities, and the benefits of using a […]