By Gary Jarvis A Treasury review of institutional investment published today recommends a radical...
By Gary Jarvis A Treasury review of institutional investment published today recommends a radical overhaul of the process by which pension funds carry out their investment decision-making. As expected, the report by Gartmore Investment Management's chairman Paul Myners calls for greater investment freedom of pension funds including the ability to invest in private equity or venture capital - the most common form of investment. It is hoped this primary aim would improve flexibility under the Minimum Funding Requirement (MFR); 'the minimum amount that a pension scheme has to put aside...
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