Key Takeaways
- • The Versorgungsanstalt des Bundes und der Länder (VBL), Germany's public-sector pension institution, was founded on February 26, 1929, according to its profile on Top1000funds.com.
- • As of December 31, 2024, the VBL's reported asset allocation was 23% equities, 4% private equity, 14% government bonds, 23% corporate bonds, 13.5% private debt, 17% real estate, 3% commodities and 2.5% cash.
- • The fund's profile lists its allocation as based on West and East levy structures, reflecting its origins in the public-sector pension system.
Summary
The Versorgungsanstalt des Bundes und der Länder (VBL) is a German pension institution serving employees of the federal and state governments. Top1000funds.com profiles the fund, noting that it was founded on February 26, 1929. The publisher's summary is limited, and the full profile is available only to subscribers of the platform.
The profile reports the fund's asset allocation as of December 31, 2024, drawn from its most recent annual report or other publicly available data. Equities account for 23% of assets and corporate bonds for another 23%. Government bonds make up 14%, while private debt represents 13.5%. Real estate accounts for 17%, private equity for 4%, commodities for 3%, and cash for 2.5%.
The allocation spans traditional fixed income, equities, and a meaningful alternatives sleeve, with private debt and real estate together making up roughly 30% of assets. The figures are presented as a snapshot of the portfolio at year-end 2024 and do not include performance data or detail on specific mandates in the available material.
The profile reports the fund's asset allocation as of December 31, 2024, drawn from its most recent annual report or other publicly available data. Equities account for 23% of assets and corporate bonds for another 23%. Government bonds make up 14%, while private debt represents 13.5%. Real estate accounts for 17%, private equity for 4%, commodities for 3%, and cash for 2.5%.
The allocation spans traditional fixed income, equities, and a meaningful alternatives sleeve, with private debt and real estate together making up roughly 30% of assets. The figures are presented as a snapshot of the portfolio at year-end 2024 and do not include performance data or detail on specific mandates in the available material.
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