EUROPE - A growing number of institutional investors think that corporates should plug debts such as pensions fund deficits before focusing on growth to improve their profits.
Recent figures showed that less than one company in 10 remained in surplus, with the aggregate surplus exceeding e6bn (US$6.3bn) at year-end 2002, compared with one in six and e14bn respectively at...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date