UK schemes have slashed equity allocations to below 40% in the past year, bringing portfolios more in line with their European counterparts, according to Mercer.
In its annual survey of 1,200 European pension funds, with combined assets of €750bn (£634bn), the consultancy found UK pension funds cut their average equity holdings from 43% to 39%. The Merce...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
