2022 Update: Fidelidade Insurance Market Leadership
Prudent investment strategy, with c.70% of total
portfolio allocated to fixed income
Breakdown by Asset Class
Breakdown by Geography
Other³
Cash & Deposits
3%
6%
Equity
6%
Rest of the World
Asia
3%
Portugal
7%
17%
North America
9%
Real Estate 16%
€16.4 B1
49%
Latin America 10%
€16.4 B1
Corporate Bonds &
Other Fixed Income²
70% Europe
20%
Sovereign bonds
69% Fixed Income
Fidelidade had no exposure to SVB and
Credit Suisse AT1. The position in other
CS bonds is approximately €5 M.
Source: Company information (31 December 2022)
1. Total assets under management excluding own use real estate assets
23
3.
Includes corporate bonds, bond investment funds, loans, commercial paper and perpetual fixed income
Includes €395 M in unit-linked investments from Liechtenstein Life Assurance AG
54%
Rest of Europe
24 FIDELIDADEView entire presentation