State goals won't override my duty

Con Keating rejects government encouragement for managers and trustees to create an 'investment big bang'

clock • 3 min read
State goals won't override my duty

Boris Johnson and Rishi Sunak recently issued a challenge to UK institutional investors, calling for us "to seize this moment", adding: "We need an investment big bang to unlock the hundreds of billions of pounds sitting with UK institutional investors and use it to drive the UK's recovery."

They seem to have noticed the Office for National Statistics estimated UK private pensions wealth in March 2018 at £6.1trn of a wealth total of £14.6trn - greater even than property. However, they ...

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