There has been a lot of talk in the UK Press about the huge pension deficit in the UK Universities Pension Scheme.
http://www.bbc.co.uk/news/uk-40763577
The Universities Superannuation Scheme (USS) is one of the largest principal private pension schemes in the UK
USS is the principal pension scheme provided by universities and other higher education and associated institutions in the UK. It has over 390,000 members across over 350 institutions.
Net assets of the scheme £60.5 Billion:-
Securities (equities and bonds) £43.5 Billion
Pooled investment vehicles £13.1 Billion
Derivatives (net) £0.2 Billion
Property £2.1 Billion
Cash balances £2.0 Billion
Defined contribution investments £0.5 Billion
Other investment balances £(0.9) Billion
Net assets of the scheme 60.5 Billion
Top 20 assets held:-
Asset Value £m
UK Treasury 0.75% IL 22/03/2034 £1,955.0 Million 3.2% of the fund
UK Treasury 3.25% 22/01/2044 1,161.1 Million 1.9% of the fund
UK Treasury 4.25% 07/03/2036 1,132.3 Million 1.9% of the fund
US Treasury 0.625% IL 15/02/2043 1,009.5 Million 1.7% of the fund
US Treasury 0.75% IL 15/02/2042 908.0 Million 1.5% of the fund
UK Treasury 0.625% IL 22/03/2040 729.3 Million 1.2% of the fund
UK Treasury 1.5% 22/07/2047 690.8 Million 1.1% of the fund
UK Treasury 4.5% 07/09/2034 636.3 Million 1.1% of the fund
US Treasury 1.375% IL 15/02/2044 591.5 Million 1.0% of the fund
Royal Dutch Shell 505.0 Million 0.8% of the fund
UK Treasury 4.25% 07/09/2039 463.8 Million 0.8% of the fund
UK Treasury 0.125% IL 22/03/2044 377.5 Million 0.6% of the fund
Roche Holding 357.7 Million 0.6% of the fund
US Treasury 3.75% 15/08/2041 327.4 Million 0.5% of the fund
US Treasury BOND 3.125% 15/02/2042 307.2 Million 0.5% of the fund
Flughafen Zuerich AG 292.1 Million 0.5% of the fund
Samsung Electronics 290.5 Million 0.5% of the fund
UK Treasury GILT 3.5% 22/07/2068 281.3 Million 0.5% of the fund
US Treasury 2.125% IL 15/02/2040 276.1 Million 0.5% of the fund
Vodafone Group 274.1 0.5% of the fund
https://www.uss.co.uk/~/media/document-libraries/uss/how-uss-is-run/reports-and-accounts/2017-report-and-accounts-scheme.pdf