Friday, March 17, 2017

UK pension funds pour £31bn into gilts in 2016

Last year, UK pension funds put the highest level of money into domestic government debt since 1963, in an attempt to shield their assets from heightened political uncertainty and market turmoil. 

According to data from the Office for National Statistics, published on Thursday, UK pension funds put £31bn into gilts in 2016. 

The independent producer of official statistics said UK schemes’ shift towards gilts was probably “an attempt to avoid the relative volatility of equity markets”. 

At the same time, institutional investors including insurers, trusts and pension funds, pulled money from riskier assets such as



source http://www.omnipopmag.com/2017/03/17/uk-pension-funds-pour-31bn-into-gilts-in-2016/

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