| End of 2021 | End of 2022 | |
|---|---|---|
| Equities | 38.5 % | 40.2 % |
| European equities | 19.55 % | 9.7 % |
| Non-European developed market equities | 5.8 % | 6.3 % |
| Emerging market equities | 4.25 % | 4.5 % |
| Option-hedged developed market equities | 8.9 % | 19.7 % |
| High yield corporate bonds | 9.4 % | 10.4 % |
| Emerging market bonds | 6.1 % | 6.8 % |
| Unlisted assets, performance share | 7.4 % | 10.2 % |
| Performance assets | 61.4 % | 67.6 % |
| Unlisted assets, investment grade share | 2.4 % | 3.3 % |
| Investment grade bonds | 37.4 % | 29.6 % |
| Liability matching | 9.7 % | 9.2 % |
| Developed country bonds | 0.0 % | 0.0 % |
| Investment grade corporate bonds | 27.7 % | 20.4 % |
| Cash | -1.2 % | -0.5 % |
| Investment grade bond assets | 38.6 % | 32.4 % |