Diversified growth funds are too correlated to equity markets and do not offer defined contribution investors the diversification they need, an asset manager says.
First Quadrant partner, and co-director of global macro, Edgar Peters said on closer inspection DGFs can have more than 90% correlation with equities, for example through the FTSE All Share, due to...
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 for 12 months, 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
