Standard Life and Scottish Widows are going overweight equities in their pension managed funds. ...
Standard Life and Scottish Widows are going overweight equities in their pension managed funds. Signs of economic recovery and the low price of equities is prompting their move, coupled with a sense bonds are expensive and yielding too little. As of 31 January, the Standard Life Pension Managed fund, which is benchmarked against its Standard & Poor's Micropal universe, was modestly overweight equities, neutral to slightly overweight property and moderately underweight bonds. George Walker, investment director at Standard Life Investments, says: 'We do have an optimistic outlook...
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