Rentabilidad de los Fondos de Pensiones en España, 2002-2012 (Pension Funds in Spain, 2002-2012)
15 Pages Posted: 13 Feb 2013
Date Written: February 11, 2013
Abstract
En el periodo diciembre 2002 - diciembre 2012, la rentabilidad del IBEX 35 fue 113% (media anual 7,86%) y la de los bonos del Estado a 10 años 52% (media anual 4,3%). Entre los 573 fondos de pensiones con 10 años de historia, sólo 2 fondos superaron la rentabilidad del IBEX 35, y sólo 32 fondos superaron la rentabilidad de los bonos del Estado a 10 años. 446 tuvieron una rentabilidad media anual inferior al 3%. Los 573 fondos tenían (diciembre 2012) 4,9 millones de partícipes y un patrimonio de 25.346 millones de euros.
During the last 10 years, the average return of the pension funds in Spain was lower than the inflation and than the return of Government Bonds. Only 2 funds (out of 573) had a return higher than the return of the IBEX35, and only 32 higher than the return of the Government Bonds. Nevertheless, on December 31, 2012, 4.9 million investors had 25 billion euros invested in these pension funds.
Note: Downloadable document is in Spanish.
Keywords: pension funds, mutual funds, INVERCO, Spain, fondos pensiones
JEL Classification: G12, G31, M21
Suggested Citation: Suggested Citation
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