De-risking is actually "de-returning", Woodford Investment Management has said in a damning attack on low-risk investment strategies.
The fund manager criticised defined benefit (DB) schemes for failing to take advantage of equity income, instead focusing on fixed income such as gilts. Head of investment communications Mitchel...
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
