APG Groep N.V. 2016 Annual Report

In general, 2016 was an eventful year with a number of global developments such as Brexit, the Ukraine referendum in the Netherlands and the presidential election in the United States. The pension markets were in flux. Throughout the year, APG actively participated in a constructive dialogue on a new pension system, in which the topics of transparency, freedom of choice, and risk sharing were high on the agenda.