UK - Pension funds' holdings in global equities plummeted for the eighth consecutive year in 2007, from 62.7% to 55.1%, according to BNY Mellon Asset Servicing.
This decline was due to funds continuing to reduce their weightings in UK equities, which fell from 34.4% to 28.7%. This was the lowest ever allocation to the asset class. Overseas equities al...
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