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Global pension finance watch : fourth quarter 2020

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      <subfield code="a">Global pension finance watch</subfield>
      <subfield code="b">: fourth quarter 2020</subfield>
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      <subfield code="a">Improvements in asset valuations during Q4 2020 drove positive fourth quarter pension index results for most regions. Except for the Eurozone which was flat, decreasing discount rates partially or completely offset the asset gains. The overall impact of these changes resulted in positive pension index returns over the fourth quarter in North America, Switzerland, and Japan. The Eurozone was relatively flat, while the UK and Brazil saw a slight decrease over the quarter. Performance for the full year was mixed, with Japan improving significantly, Eurozone notably falling, and most regions ending the year relatively flat.</subfield>
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      <subfield code="a">Valoración de activos</subfield>
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      <subfield code="a">Estados financieros</subfield>
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      <subfield code="a">Planes de pensiones</subfield>
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