Burnham urged to stem flow of UK pension capital into US tech stocks

Think tank calls concentration of UK pension investment in US tech stocks a ‘systemic risk’

Alex Levy
clock • 3 min read
Picture by Lauren Hurley / No 10 Downing Street
Image:

Picture by Lauren Hurley / No 10 Downing Street

Prime minister Andy Burnham should stem the flow of UK pension investment into US tech stocks to boost domestic growth and outcomes for retirees, think tank New Capital Consensus (NCC) has urged.

In a report released today (30 July) – Diversifying Investment Flows – NCC argued that defined contribution (DC) funds are overinvested in globally-diversified benchmarks, and trustees who diverge ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Five forces shaping the data centre investment landscape

Partner Insight: Five forces shaping the data centre investment landscape

From AI and cloud demand to power constraints, five structural forces are reshaping data centre investing.

Principal's Global Data Centre Team
clock 28 October 2026 • 6 min read
Mixed concern over tax relief being used as a 'backdoor' to UK investment

Mixed concern over tax relief being used as a 'backdoor' to UK investment

PP survey finds mixed opinion on whether tax relief changes could be used to mandate UK investment

Martin Richmond
clock 27 October 2026 • 2 min read
TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

Regulator publishes new concentration risk guidance as AI embeds in global markets

Alex Levy
clock 22 October 2026 • 2 min read
Trustpilot