A growing number of segregated pension funds are using index tracking for UK equities, according to ...
A growing number of segregated pension funds are using index tracking for UK equities, according to the latest CAPS pension fund review. By the end of 1999 around 22-23% of all segregated pensions money invested in UK equities was in tracking funds compared to 20% at the end of 1998. Alan Wilcock, research and development director at CAPS, said: "It is not quite relentless but it has continued and they are doing it predominantly in the UK." This has also led to an increase in the number of active satellite managers being used by schemes and a decrease in the use of balanced with-property...
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