The Merseyside Pension Fund won the award for real estate investment at the 2015 IPE Awards in Barcelona on Thursday.

PensionDanmark meanwhile, won this year’s award for infrastructure investment. The Danish fund was, however, pipped by PFA Pension to best pension fund in Denmark.

Trafalgar House Pension Trust took the award for best long-term investment strategy.

The full list of winners 


Best European Pension Fund: British Steel Pension Fund

Outstanding Industry Contribution: Theo Kocken, Cardano

Pension Fund Achievement of the Year: Helen Kobæk, PenSam

Long-Term Investment Strategy: Trafalgar House Pension Trust



Active Management: PenSam

Passive Management: West Midlands Pension Fund

Best Corporate Pension Fund: Santander UK Group Pension Scheme Common Fund

Best Industry-Wide Pension Fund: Pension Protection Fund

Best Public Pension Fund: The Church Commissioners

Best Small European Pension Fund: Frjálsi Pension Fund

Best Sovereign Reserve Fund: FRR and NLB Penziski Fond



Alternatives: Merchant Navy Officers’ Pension Fund

Equities: SEB Pension

Fixed Income: Bosch Pensionsfonds AG



Best Pension Fund in Austria: Allianz Pensionskasse (Pensionskasse) and VBV – Vorsorgekasse (Vorsorgekasse)

Best Pension Fund in Belgium: Integrale

Best Pension Fund in Central & Eastern Europe: KB First Pension Company

Best Pension Fund in Denmark: PFA Pension

Best Pension Fund in Finland: Elo Mutual Pension Insurance Company

Best Pension Fund in France: Ircantec

Best Pension Fund in Germany: Deutsche Telekom Pensionswerke (bAV) and Ärzteversorgung Westfalen-Lippe (Versorgungswerk)     

Best Pension Fund in Ireland: Construction Workers’ Pension Scheme

Best Pension Fund in Italy: Fondo Pensione Laborfonds

Best Pension Fund in The Netherlands: Nedlloyd Pensioenfonds

Best Pension Fund in Portugal: Fundo de Pensões Aberto BPI Valorização

Best Pension Fund in Small Countries: Almenni Pension Fund

Best Pension Fund in Spain: Pensions Caixa 30

Best Pension Fund in Sweden: SPK

Best Pension Fund in Switzerland: Pension Fund SBB

Best Pension Fund in the UK: British Steel Pension Fund



Climate-Related Risk Management: Environment Agency Pension Fund

DC/Hybrid Strategy: NEST

Diversification: Bosch Pensionsfonds AG

Emerging Markets: Royal County of Berkshire Pension Fund


Infrastructure: PensionDanmark

In-house Investment Team: British Steel Pension Fund

Innovation: Merchant Navy Officers’ Pension Fund

Portfolio Construction: FRR

Real Estate: Merseyside Pension Fund

Risk Management: Superannuation Arrangements of the University of London (SAUL)

Smart Beta: SEB Pension

Specialist Investment Managers: PenSam