Friends Prov with-profits bonus boost

The main with-profits fund produced an investment return of 7.5% in the first three quarters of 2010, as the proportion of the fund invested in equities and property increased from 25% to 40% since December 2009. "Financial markets recovered over the third quarter of 2010, although there is still some uncertainty about the pace and timing of a sustained recovery. To reflect this uncertainty we have been increasing our exposure to equities and property in a phased manner from the tactical low position of 16% at the end of 2008. "We have largely maintained our holdings of corporate bond...