Pension funds change from equities to bonds
July 8, 2008 · Filed Under Finance News · Comments Off
Almost half of final salary pension funds have moved assets from equities to bonds in the past year, as they respond to market volatility and aim to match assets more closely with liabilities, figures show.
Some 46 percent of British defined benefits schemes, collectively worth billions of pounds, have reallocated funds from equities to bonds in the past 12 months, according to a survey by Aon Consulting.
Around 54 percent said they had made no change to their investment strategy.