London Stocks Shunned as UK Pensions Pile Into Private Firms
UK defined benefit pension plans are piling into private companies with nearly half of their equity exposure now made up of unquoted shares, a knock to efforts to revitalize the...
By Neil Callanan, Isabella Ward · Bloomberg Markets
UK defined benefit pension plans are piling into private companies with nearly half of their equity exposure now made up of unquoted shares, a knock to efforts to revitalize the City of London’s public markets.