Roughly 2.5 million people in the Netherlands count on pension administrator PGGM to look after assets that, as of last October, were worth €128 billion. It’s a heavy responsibility, and the firm’s risk and treasury executives say it tries to repay that faith by making risk considerations central to everything it does. Not every financial institution is as rigorous, of course, so PGGM’s biggest focus in recent years has been on counterparty exposure, where it has made some big strides.
Many of it
The week on Risk.net, December 9–15 2017Receive this by email