APG rules out longevity swaps

netherlands-flag01

In-built derisking mechanisms in the Dutch pension sector means APG, the largest manager of pension fund assets in the Netherlands, is not considering longevity swaps as a hedging instrument, according to Onno Steenbeek, director of asset liability management and risk policy at the firm.

APG manages about €220 billion (£191 billion) of assets and liabilities for "several" Dutch schemes (exact figures are not released by APG), including civil service fund ABP. Rotterdam-based Steenbeek said it ha

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: