Asset Management

To make sure that current and future pensions can be paid and pension contributions are still affordable an investment return has to be made. Therefore, the pension capital is invested responsibly making a careful consideration between risk and return. But also by taking people and planet into account and contributing to a sustainable world.

Our strategic investment policy is set by Pensioenfonds Horeca & Catering's governing board. The strategic asset mix is based on the outcome of Asset Liability Management (ALM) studies aligning the investments with the structure and duration of our pension fund liabilities. The strategic investment portfolio is a balanced and diversified mix of different asset classes.

Each asset class is managed by professional external asset managers appointed by the governing board. Pensioenfonds Horeca & Catering’s asset management department is responsible the selection and monitoring of these external asset managers. The assets of our pension fund are currently managed by:
 

Asset Manager
Asset Class
Aegon Asset Management
Mortgages
AlpInvest
Private Equity
Altera Vastgoed
Non-listed Real Estate
BlackRock Investment Management
US Large Cap Equity
BMO Global Asset Management
Euro Government Bonds, Convertible Bonds and Interest Rate Hedging
Bouwinvest
Non-listed Real Estate
Goldman Sachs
Private Equity
HarbourVest
Private Equity
J.P. Morgan Asset Management
Emerging Markets Equity
Loomis Sayles
High Yield Bonds
Neuberger Berman
Emerging Markets Equity
NN Investment Partners
Green Bonds
Northern Trust Global Investments
Listed Real Estate, Small Cap Equity
PGIM
Emerging Markets Debt
Stafford Capital Partners
Private Equity
State Street Global Advisors
Developed Markets Large Cap Equity ex US, Foreign Exchange Hedging
Syntrus Achmea Real Estate Finance
Mortgages
Western Asset Management
Inflation Linked Bonds