UK - The switch to total bond investment by the near £2.3bn Boots Pension Scheme is unlikely to cause a "stampede" in the same direction by other funds, according to the National Association of Pension Funds.
Speaking to mainly institutional investors, David Cranston, NAPF’ s director general, said that the move to 100% triple A-bonds was not an “overnight decision” for the fund, and cautioned that the ...
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