Short-termism poisoning pension fund returns, MPs told

Jenna Towler
clock

Fund managers' and pension funds' dedication to pursuing short-term investment goals is causing severely reduced returns, a panel of MPs heard.

Dr Paul Woolley, who runs the Centre for the Study of Capital Market Dysfunctionality, told MPs on Tuesday the "lush returns" enjoyed by pension funds in the 1980s and 1990s were unlikely to return but...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

Alternative funds managed to attract €1.4bn (£1.2bn) in April.

European equity funds return to positive territory in April - Morningstar

€1.3bn into equity funds

clock 25 May 2022 • 1 min read
Retail stocks have found themselves under the harshest light from UK short sellers

Short sellers bet against UK retail stocks amid income squeeze

Cineworld is the most shorted UK stock

clock 25 May 2022 • 1 min read
Partner insight: Adapting to a changing interest rate environment

Partner insight: Adapting to a changing interest rate environment

2022 has been a turbulent year but in terms of monetary policy, it has also been a fascinating one

Invesco
clock 06 May 2022 • 1 min read