Schemes shun move to absolute bond portfolio

clock • 2 min read

UK - Pension schemes are not looking to follow Boots Pension Scheme which has sold all its equities and switched to a 100% bond portfolio. Indeed, some believe it is a good time to buy "cheap" equities.

National Association of Pension Funds (NAPF) spokesman Andy Fleming confirmed: "We do not see this as the start of some mass movement out of equities." But he conceded there was a current gradua...

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