Heerlen/Amsterdam, July 18 2024 - The financial position of ABP improved in the second quarter of 2024. The current funding ratio rose from 112.9% at the end of March to 115.6% by the end of June 2024. ABP posted a small negative return in the second quarter. The value of ABP’s assets fell slightly to € 510 billion. The fact that the fund’s financial position nevertheless improved is an effect of the increased interest rates. This higher interest rate means that the value of all pensions to be paid will decrease now and in the future. This has a positive effect on the funding ratio.