230 Pension Funds with AUM of €1500bn                                            
The Netherlands has approximately 230 pension funds/Pension Delivery Organisations managing total AUM of well over €1,500bn*. 

A Consolidating Market: Fewer Schemes Managing More Assets 
The number of traditional pension funds has declined to roughly 200, with some assets shifting to new vehicles such as APFs (€12bn) and PPIs(nearly €10bn) . Overall, the number of pension delivery organisations is expected to decline further. Ongoing consolidation results in fewer institutions managing higher AUM. The top 100 now have combined AUM of €1,391bn**. Over 90 pension funds are managing €1bn or more:

AUM Figures Dutch Pension Funds per End Q1 2019                                            
    Top 25    > €8bn                                    
    Top 60    > €2bn                                    
    Top 94    > €1bn                                    
                                            
Key people                                            
The Dutch pensions sector employs roughly 15,000 of which 5,000 are key people/decision makers including CIOs, fiduciary managers and pension fund top executives.*** 

 

* €1,435bn in traditional pension schemes as per Q1 2019; €12bn in APF vehicles, €9.7bn in PPI vehicles and €46.1bn managed by insurance companies
**DNB figures as per end of Q1 2019  
***Based on Central Bureau of Statistics, UWV and VvV figures and estimates     
 

Opportunities                                            
80% of pension funds have outsourced all asset management. Another 14% have partially outsourced asset management; just 6% run the fund's money in-house. In all over €1,150bn is managed by third party asset managers. ****                                            

With mandates reviewed every 3 years, in any given year €400bn may potentially come to market.     

 

Please see graph below for an overview of the asset mix of Dutch pension funds over the years 2016, 2017 and 2018.

Pensioen Pro has a circulation of over 8,000 paying subscribers, primarily comprising Asset Owners (34%), Government/Policy Makers (32%) and Consultants (14%). Please see chart below for details. 

Controlled, requested circulation 
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In total Pensioen Pro has 8,165 paying subscribers and 7,170 non-paying subscribers, which make up 53% and 47% of total circulation respectively.