Pension funds should steer clear of alternative investments like hedge funds, commodities and private equity to help shake up the capitalist system, delegates heard.
London School of Economics academic Dr Paul Woolley said these alternatives rarely offered better returns than conventional instruments and urged trustees to question conventional investment wisdom...
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, 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
