Dutch roundup: KLM, Philips, Vervoer

first_imgThe €7.4bn KLM pension fund for ground staff (Algemeen Pensioenfonds) attributed its quarterly return of 1.6% in particular to the performance of equities and real estate, which generated 5.4% and 2.3%, respectively.Its return over the full year was 0.7%, with real estate and equity returning 8.6% and 3%, respectively.It lost 0.9%, however, on its 52% fixed income portfolio.The ground staff scheme closed the year with a funding of 111.1%The €2.5bn KLM pension fund for cabin staff said a fourth-quarter return of 1.9% allowed it to avoid reporting a loss for 2015, ultimately delivering 0.5%.Real estate, returning 8.6% over the year, was the best performing asset class.The scheme said its equity holdings returned 3%, whereas its fixed income generated an annual loss of 1%.At year-end, funding at the Pensioenfonds KLM Cabinepersoneel stood at 108.5%.Meanwhile, the €17.6bn Philips pension fund reported a quarterly return on investments of 1.1%, which it attributed in particular to real estate and equity.It said its annual return was 1.2%.During the past three months, high-yield credit and emerging market debt delivered positive results.In contrast, euro-denominated government bonds, global government bonds and commodities all declined.The pension fund said it official policy funding stood at 111.7% at year-end and that its assets had dropped from €19.8bn to €17.6bn over the fourth quarter.Lastly, the €20bn sector scheme for public road transport (Vervoer) reported annual and fourth-quarter returns of -1.5% and 0.7%, respectively.Vervoer said its policy funding stood at 104.4% at year-end. The three large KLM schemes and the Philips Pensioenfonds have reported “modest” results for 2015, with KLM’s pension fund for cockpit staff performing best with a 2.3% annual return.At least one KLM scheme, thanks to relatively strong performance over the fourth quarter, was able to avoid closing out the full year with a loss, according to the schemes’ quarterly report.The €7.9bn KLM scheme for cockpit staff (Vliegend Personeel) reported a fourth-quarter return of 1.5%.Its policy funding – the criterion for indexation and rights cuts – stood at 122.9% at the end of 2015.last_img read more

On-loan Barcelona midfielder tests positive for COVID-19

first_img Loading… That’s according to Mundo Deportivo, who claim that the 21 year old was one of the La Liga players who was found to be carrying the virus, and has been isolated away from his teammates.Oscar Plano, another Valladolid player, is also said to have the illness.It’s the latest bit of bad news for Matheus, who signed for Barcelona in January and was immediately loaned to their fellow La Liga side to starting picking up some minutes.However his late January arrival plus the timing of the coronavirus crisis has meant he’s not had the chance to play yet. He will likely stay on loan for another year while the Catalan club study how to free up another non-EU player slot.Read Also: Messi donates €500k towards the fight against COVID-19It’s been a tough few months for him following his dream move to the European leagues, but it will all hopefully get easier from here.For now, we wish him a speedy recovery from his illness.FacebookTwitterWhatsAppEmail分享 Matheus Fernandes, the recently signed Barcelona midfielder on loan at Valladolid, has tested positive for coronavirus.Advertisementcenter_img Promoted ContentIs This The Most Delicious Food In The World?9 Facts You Should Know Before Getting A Tattoo5 Of The World’s Most Unique Theme Parks8 Addictive And Fun Coffee FactsWhat Happens To Your Brain When You Play Too Much Video Games?7 Ways To Understand Your Girlfriend Better10 Risky Jobs Some Women DoEver Thought Of Sleeping Next To Celebs? This Guy Will Show YouTop 10 Most Romantic Nations In The World7 Reasons It’s Better To Be A Vegan10 Actors Who Are Happy With The Type Of Roles They Got Hired ForThe 10 Best Secondary Education Systems In The Worldlast_img read more