Pension managers binning equities for bonds

However, more than half of the schemes surveyed by Aon made no changes to their investment strategy despite major change in the global economy. The survey of 100 defined benefit pension managers found 23% had made a major shift from equities to bonds, while another 23% made a minor shift in the same direction. The remaining 54% made no changes to their investment strategies, despite major declines in equities across the world. Of the non-equity assets contained in the schemes, UK property continued to be popular, with around 44% of schemes holding this asset. Private equity and infrastr...