Pension funds; investments before and after consolidation 2008-2016

Pension funds; investments before and after consolidation 2008-2016

Investments Periods Investments after consolidation (mld euro) Investments after consolidation,relative (%) Investments before consolidation (mld euro) Investm. before consolidation, relative (%)
Total investments 2016* 1,356.4 100.0 1,356.4 100.0
Direct property 2016* 25.1 1.9 8.0 0.6
Other equity and investment fund shares 2016* 635.3 46.8 928.9 68.5
Debt securities 2016* 552.4 40.7 340.0 25.1
Financial derivatives 2016* 43.3 3.2 42.0 3.1
Long-term loans 2016* 40.7 3.0 16.0 1.2
Other investments 2016* 59.6 4.4 21.5 1.6
Source: CBS.
Explanation of symbols

Dataset is not available.


This table shows the investments of pension funds before and after consolidation of the shares in Dutch investment funds. From 2009 on there is a spectacular growth because of the transformation by various large pension funds of their own investments into shares in investment funds that have been established by the pension funds themselves. As a consequence pension funds invest a far greater part in shares and a far minor part in debt securities such as bonds. Consolidating the shares in Dutch investment funds gives a more balanced picture of the composition of the investments of pension funds.

Data available yearly figures from 2008 to 2016.

Status of the figures:
Figures up to 2015 are definitive, figures for 2016 are provisional.
Because this table is discontinued, figures will not be updated anymore.

Changes as of 7 September 2018:
None, this table is discontinued.

When will new figures be published?
Not applicable anymore.
The strategic alliance between Statistics Netherlands (CBS) and the Dutch Central Bank (DNB) has led to a reallocation of tasks between the two institutions. Institutional investors is now part of the dominion of DNB. Publication of tables on institutional investors by the CBS is discontinued. DNB provides the OECD with figures for its statistic Institutional investors. See paragraph 3 for links to the websites of DNB and OECD.

Description topics

Investments after consolidation
The investments after consolidation refer to total investments in which the shares in Dutch investment funds have been replaced by the investments of these funds. The availability of sources limits the possibility for figures for pension funds only.
Investments after consolidation,relative
The investments after consolidation refer to total investments in which the shares in Dutch investment funds have been replaced by the investments of these funds. The availability of sources limits the possibility for figures for pension funds only.
Investments before consolidation
The investments before consolidation refer to the total investments in accordance with the guidelines and concepts of the new European System of Accounts 2010 (ESA 2010). This includes shares in Dutch investment funds.
Investm. before consolidation, relative
Investments before consolidation, relative.
The investments before consolidation refer to the total investments in accordance with the guidelines and concepts of the new European System of Accounts 2010 (ESA 2010). This includes shares in Dutch investment funds.