Defined benefit (DB) schemes have been caught between a rock and hard place. Finance directors balked at the volatility of equity markets but a wholesale switch into fixed income was not an option: growth assets were needed to plug the widening pension funding gap.
The solution favoured by many pension funds is to allocate a significant proportion of their portfolio to multi-asset strategies. The investment philosophy is appealing: by diversifying across a nu...
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
