Global DC Peer Study Summary Report 2025 (old)

Current asset allocation of main growth fund, and its likely shifts (as of 30 September 2024)

Hedge funds 0.4% Other 1%

Next 5 years expected adjustments

Private equity 1%

Credit 3% Cash 2% Listed real estate 2%

12%

DM sovereign bonds 4%

Increase

10%

18%

High yield 5%

Non-domestic listed equities 43%

38%

Keep about the same

56%

Infrastructure 7%

56%

Listed equity

63%

Debt

16%

47%

Alternatives

19%

Decrease

21%

EM sovereign bonds 7%

Cash

2%

5%

Equities Bonds Alternatives

Don’t know N/A

3% 13%

21%

Domestic listed equities 20%

n=16

n=18

17

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