UK - UK pension funds would be better off by around £44bn if they had stuck to the allocation of 20% to commercial property, the norm in the 1980s, a Pricewaterhouse-Coopers seminar in London was told.
A PwC survey of the top 200 pension schemes in the UK showed an allocation to property of just 3.7%, with one third having no allocation at all. PwC estimates that those who do have an allocation a...
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