European PFs Assets Increase In Q1

欧洲养老基金的资产增加d slightly in the first quarter of this year,IPEreports. According to a report by theEuropean Central Bank(ECB), the assets rose to €1.37 trillion from €1.35 trillion in the last quarter of 2010.

The study also disclosed that the insurance technical reserves increased to €5.97 billion from €5.89 billion in the same period. The net equity of households in pension fund reserves increased from €1.65 billion at the end of last year to €1.67 billion in the first quarter of 2011.

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