Pension funds need to undergo a "major change" of attitude towards their asset managers to combat short-termism in the markets, a government-commissioned review says.
Professor John Kay's long-awaited review into the structure of UK equity markets has slammed the structure of the fund management industry and called for a "shift in culture" in the markets. The...
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
