Mega-hedges and generational strife at PGGM

Buy-side risk survey: battle between young and old shaped pension giant’s response to March mayhem

Arjen Pasma
Arjen Pasma: “If you reset the system right now, where is all of that wealth going?”

This is the tenth in a series of articles connected to our buy-side risk survey. Click here to read the rest of the series.

Arjen Pasma is 46 years old. In the Netherlands, where Pasma lives, it’s an age with a special significance – the tipping point when an individual’s slowly growing pension entitlement starts to outweigh the flat premium paid throughout that worker’s career.

It means Pasma – the chief risk officer of €250 billion ($296.3 billion) pension giant PGGM – has a personal stake

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