Institutional Investors - Statistical Yearbook
methods, notes and classification
INSTITUTIONAL INVESTORS
I. INTRODUCTION
Institutional investors are major collectors of savings and suppliers of funds to financial markets. In 1996 the OECD Committee on Financial Markets launched a study with a view to assessing the impact of institutional investors on the structure and functioning of financial markets. Quantitative information gathered in the context of this exercise is included in the present publication, which provides a unique set of comprehensive statistics on institutional savings and investment in the OECD area. Concepts and definitions are, to a great extent, based on the System of National Accounts.
Data are derived from national sources based on a questionnaire prepared under the auspices of the OECD Working Party on Financial Statistics. Statistics are complemented by methodological country notes. The publication benefited from the work of Financial Statistics Section (of Financial Affairs Division) and could not have been accomplished without the contribution of OECD Member countries.
II. STATISTICAL COVERAGE
A. Institutional coverage
In this edition, the term institutional investor mainly refers to insurance companies, pension funds and investment companies collecting savings and supplying funds to the markets. However, other types of institutional wealth (e.g. endowment funds, foundations, etc.) are also included. Data are organised according to the following institutional breakdown:
Insurance companies Life insurance companies Non-life insurance companies
Pension funds (funded private and public schemes) Autonomous pension funds Non-autonomous pension funds
Investment companies Open-end investment companies Closed-end investment Cies
Other forms of institutional investors Foundations and endowment funds Non-pension fund money managed by banks Private investment partnership Other forms
B. Geographical coverage
The statistics relate to twenty-eight OECD Member countries: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Slovak Republic, Switzerland, Turkey, the United Kingdom and the United States.
C. Data
Statistics are organised under two main categories: individual country information and comparative data. Sub-categories under these main headings are presented by subject, referred to as "tables" in the classification plan. In addition to these two main categories, there are also annex tables referring to supplementary data useful for a comprehensive coverage of the situation.
Table 1. INSTITUTIONAL SAVING AND INVESTMENT
Institutional Saving and Investment provides information on the assets by type of institutional investor with detailed breakdowns for financial assets. Some information is also provided on liabilities.
Table 2. SHARE OF INSTITUTIONAL INVESTMENT IN DOMESTIC FINANCIAL ASSETS (in per cent)
Share of Institutional Investment in Domestic Financial Assets provides the following comparative information for the holdings of individual categories of institutional investors :
This table provides data for eighteen countries: Australia, Belgium, Canada, Denmark, France, Germany, Hungary, Italy, Japan, Korea, Mexico, the Netherlands, Norway, Portugal, Spain, Sweden, the United Kingdom and the United States. It should be noted that the availability of the above details may vary across countries.
Table 1. FINANCIAL ASSETS OF INSTITUTIONAL INVESTORS (MN US$) Table 2. FINANCIAL ASSETS AS A PER CENT OF GDP
Financial Assets of Institutional Investors provide the following comparative information:
Table 3. PORTFOLIO COMPOSITION
Portfolio Composition of Institutional Investors provides total financial assets of institutional investors by country in national currency and the share of different types of assets as per cent of total.
Table 4. CLAIMS OF HOUSEHOLDS ON INSTITUTIONAL INVESTORS (%)
Outstanding Claims of Households on Institutional Investors (as a per cent of outstanding financial assets of households) provides data for fifteen countries: Australia, Belgium, Canada, Denmark, France, Germany, Hungary, Japan, Korea, Norway, Portugal, Spain, Sweden, the United Kingdom and the United States. The categories of investors included vary across countries depending on the availability of the data.
Table 1. Outstanding financial assets of households (in billions of national currency) provides the underlying data used for the calculation of summary table 4.
Table 2. Components of financial assets by domestic and domestic financial sectors provides the underlying data used for the calculation of country table 2.
Table 3. End of year exchange rates provides the exchange rate for each country against the US dollar at close of trading on the last working day of each year. Source, OECD Statistics Directorate.
Table 4. GDP provides gross domestic product figures for 28 OECD countries. Source, OECD Statistics Directorate.
Explanatory Notes 
Classification Plan ********************************************************************************
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* PARIS INSTITUTIONAL INVESTORS - Statistical Yearbook *
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CLASSIFICATION PLAN:
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STRUCTURE OF THE CODE : XXX / XX / X / XX / X
SUB-CODES :
1 XXX...... Country
2 ...XX.... Investor
3 .....X... Table
4 ......XX. Component
5 ........X Sector (or Blank)
SUB-CODE 1 : Country
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AUS Australia
AUT Austria
BEL Belgium
CAN Canada
CZE Czech Republic
DNK Denmark
FIN Finland
FRA France
DEU Germany
GRC Greece
HUN Hungary
ISL Iceland
ITA Italy
JPN Japan
KOR Korea
LUX Luxembourg
MEX Mexico
NLD Netherlands
NOR Norway
POL Poland
PRT Portugal
SLK Slovak Republic
ESP Spain
SWE Sweden
CHE Switzerland
TUR Turkey
GBR United Kingdom
USA United States
SUB-CODE 2 : Investor
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01 Insurance companies
02 Life insurance companies
03 Non-life insurance companies
04 Pension funds
05 Autonomous pension funds
06 Non-autonomous pension funds
07 Investment companies
08 Open-end investment companies
09 Closed-end investment companies
10 Other forms of institutional investors
11 Other forms of institutional saving
12 Total financial assets
for New Zealaand
13 Life insurance companies: Unitised products
14 Life insurance companies: Non-unitised products
15 Investment companies :Unit Trusts & Group Investment Funds,Sociétés d'investissement
16 Pensions Funds, Employment related superannuation
17 Pensions Funds,Other superannuation
18 Other Funds
SUB-CODE 3 : Table
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Country tables
1 Institutional Saving and Investment (outstanding amounts)
2 Share of Institutional Investment in Domestic Financial Assets
(in percent of financial assets of domestic sectors and financial
and financial domestic services)
Summary tables
3 Financial Assets of Institutional Investors (outstanding amounts)
4 Financial Assets of Institutional Investors (as a per cent of GDP)
5 Portfolio Composition of Institutional Investors
6 Outstanding Claims of Households on Institutional Investors (as a per cent
of outstanding financial assets of households)
Supplementary tables
A Outstanding Financial Assets of Households
B Components of Financial Assets by Domestic and Domestic Financial Sectors
C End of Year Exchange Rates
D GDP of OECD Member Countries
SUB-CODE 4 : Component
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01 A. Assets
02 1. Non-financial assets
03 2. Financial assets
04 2.1. Cash and deposits
05 2.2. Bills and bonds
06 2.2.i) Bills and bonds issued by residents
07 2.2.ii) Bills and bonds issued by non-residents
08 2.2.1. Short-term bills and bonds
09 2.2.2. Long-term bonds
10 2.3. Loans
11 2.3.i) Loans to residents
12 2.3.ii) Loans to non-residents
13 2.3.1. Short-term loans
14 2.3.2. Long-term loans
15 2.4. Shares
16 2.4.i) Shares issued by residents
17 2.4.ii) Shares issued by non-residents
18 2.5. Other
19 Other
20 B. Liabilities
21 Of which: Net equity of households
22 Of which: Shares/units issued by investment companies directly held by households
33 of which : Total overseas investment
23 Liabilities of money market funds
24 Holdings of foreign securities
31 Memo item: Exchange traded derivatives: notional amounts out
34 Memo item: Total pension funds
32 Memo item: Assets under the control of asset management cies
25 Financial assets
26 Shares
27 Non-resident shares
28 Bonds
29 Non-resident bonds
30 Loans
SUB-CODE 5 : Sector
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1 Domestic
2 Domestic Financial