OGEO FUND has published its 2012 annual report, and has posted an increase in performance: a yield of 9.17%; profits of €212 million; a new sponsoring company (AIDE) has joined the fund; it is Belgium’s fifth largest pension fund and its performance has been higher than that of other financial institutions over its lifetime.
After five full years of activity, OGEO FUND has confirmed its position as Belgium’s fifth largest pension fund with 934 million euros of assets under management (a 17.6% increase on 2011) and a yield of 9.17%. The fund posted profits of 212 million euros in 2012, which is up sharply from the 74.5 million euros posted in 2011. On 1 January 2012, AIDE (Association Intercommunale pour le Démergement et l’Epuration des communes de la Province de Liège) became the eighth sponsoring company to join OGEO FUND, bringing the number of its beneficiaries to over 4000.
Ever faithful to its proactive approach, OGEO FUND is keen to become more involved in the public pension debate, in the interests not just of its own members but also those of Belgian society as a whole. With this in mind, OGEO FUND decided to set up a centre of expertise for pensions in 2013.