GLOBAL - An unequivocal majority of pension funds have refuted the claim "equities are dead" in the most recent Global Pensions 100 Panel.
One panel member stated: "Equities remain a growth asset and for the longer term must form part of any portfolio."
Not one respondent agreed fully with the statement, however, 11% of panel members said they would agree in part.
"Equities will always be a part of investing," commented one pension fund manager. "However, they will probably not be managed in a traditional way, ie stock picking, [but] more in an exposure to beta type of investment through swaps, derivatives, ETFs, [and] index funds."
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers