UK pension funds and equity: Cult of equity RIP

UK pension funds slash equity allocations.

UK pension funds plan to continue slashing their exposure to domestic and international equities, says Greenwich Associates.

Two-thirds of final-salary pension plan sponsors expect to change their asset allocation mix over the next three years, with more than three-quarters of the largest UK pension funds planning big changes. More than half of the largest UK funds are planning significant cuts to domestic equities and more than a quarter are planning to reduce their exposure to international equities.

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