Pensions invest £11bn in UK private markets despite challenges
Large British pension schemes hold a total of £11.1bn in UK unlisted assets, new data shows, a year after agreeing with the government to increase their investment in private markets.
A group of 17 pension providers agreed to the “Mansion House Accord” last year, an industry-wide agreement aimed at encouraging schemes to invest at least 10 per cent of their defined contribution (DC) assets in global private markets by 2030, half of which would be in the UK.
A group of 17 pension providers agreed to the “Mansion House Accord” last year, an industry-wide agreement aimed at encouraging schemes to invest at least 10 per cent of their defined contribution (DC) assets in global private markets by 2030, half of which would be in the UK.