The bias of UK schemes to domestic equities cost them around 2% in lost returns last year, according to research from Goldman Sachs Asset Management (GSAM).
The firm's analysis of how FTSE 350 defined benefit schemes fared in 2014 showed they had a 29% allocation to the home market within their equity portfolios on average. UK stocks accounting for ...
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
