WTW has assumed management of the investment of approximately €500 million of TRATON’s pension assets in the WTW Pensionsfonds. This strategic decision follows the portfolio transfer in 2020, during which WTW Pensionsfonds AG assumed the pension obligations and pension assets of MAN Pensionsfonds AG, and thus responsibility for a large portion of the pension obligations to beneficiaries of TRATON SE and other affiliated German companies.
“Our colleagues’ many years of experience and our global network enable us to offer customized solutions for complex pension investments,” explains Dr. Thomas Jasper, Head of European Retirement at WTW, who has served TRATON as a long-term client manager. “A challenging capital market environment, steadily increasing resource requirements, and stringent regulatory requirements make outsourcing the investment of pension assets an efficient solution.”
Carolin Apfel, Senior Investment Expert at WTW, adds: “By taking over the entire investment for TRATON SE’s pension fund obligations, WTW can now focus more on its core business.”
Increasing efficiency and minimizing regulatory risks
Horst Grögler has been responsible for investment management at TRATON SE for 20 years and is a key expert for the company. However, he will be retiring in the foreseeable future due to age. Due to the complexity of the issue, the resource requirements associated with professional handling, and the regulatory requirements, TRATON SE has decided to outsource investment management for the pension fund portfolio following the portfolio transfer in 2020.
“Above all, the expertise in managing regulated pension assets convinced us to outsource the investment to WTW,” says Grögler.
Andreas Gärtner, who will take over the Pension Asset Management team from Horst Grögler, adds: “With WTW, we have a partner at our side who has the necessary resources and experience to master the complex requirements of capital investment.”
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