Dry powder can be useful for pension scheme portfolios, but to make it attractive schemes need to make sure the assets are both available and not so low return they dilute wider return characteristics. Jonathan Hobbs, Kevin Kneafsey, Matthias Scheiber, and Martijn de Vree explore what can be done
UK pension schemes have been making large commitments to private assets. Yet, the time to ramp up a private markets portfolio is measured in years, not months. Pension schemes are now grappling wit...
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