NAPF/NT: bond switch no trend

clock • 1 min read

UK - Boots' pension scheme's mass exodus to corporate bonds is unlikely to set the trend for the UK pensions industry, according to giant pensions custodian Northern Trust and the National Association of Pension Funds (NAPF).

NT explained that the Boots phenomena will not override the common approach of holding a variety of assets and asset classes based on the principle of prudent, diversified investment strategies. ...

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