Illiquid assets

Framework aims to assist pensions industry with how to approach illiquid investments

James Fouracre says private markets demonstrate a higher correlation with equities than many think

Trade body case studies find investing in illiquids can provide funding for local projects

Improved funding levels have prompted trustees to reduce illiquid asset allocations

In an increasingly busy market for bulk purchase annuities, schemes are reaching buyout funding earlier than planned.

Government wants to better enable access to productive finance and illiquid assets

New open-ended funds designed for infrastructure and private assets

Ceiling on annual fees could be diluted in bid to boost investment in long-term projects

Some 85% of pension investors expect schemes to increase allocations over the next three years

Amid growing calls to allocate to illiquids, our expert panel explores the difficulties