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How Dutch pension PME used ESG to drive bond outperformance

The impact-style bond portfolio of the €50 billion Dutch pension fund has bested the index by a significant margin since 2019.
How Dutch pension PME used ESG to drive bond outperformance

A radical impact investing-style reorganisation of the emerging market debt portfolio of one of the largest Dutch pension funds, which reduced the number of countries it contained, has resulted in a significant outperformance of the fund’s benchmark, since 2019, Marcel Andringa, executive board member for asset and liability management at PME, the €50 billion fund, told AsianInvestor.

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