Switch from equities to fixed income 'gone too far'

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UK pension funds have "undoubtedly" gone too far in cutting their equity allocations in favour of fixed income, ING IM head of strategy Valentijn van Nieuwenhuijzen has said.

2012 marked an investment milestone as schemes held more fixed income than equities for the first time in their portfolios. But Van Nieuwenhuijzen said this was "clearly a concern" because schem...

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