With a near £100 billion deficit the UK pension fund sector has come under intense scrutiny of late. Pressurised pension fund managers are looking to ever more innovative means of managing their portfolios to bridge the funding gap, with many focusing on switching from the poorly performing equity market into bonds.
"Risk appetites have reduced in the last year," says Ralph Frank, senior investment consultant at Mercer Investment Consulting in London. "We have seen a big move from equ
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