UK - Scottish Life's £1.8bn Balanced Managed Pension Fund has increased its property weighting from 1% to almost 15% following a 12-month review.
The new 14.5% property weighting, which Scottish Life claimed is more than 12 times the sector average of 1.2%, was the result of a decision to, “move away from the herding mentality prevalent in t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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