Pension funds must invest more in Britain’s capital, investors say ministers

[ad_1]

Unlock the editor’s digestion free

Leading fund managers warned the feelings against the London-stock exchange with the “rock bottom” and the ministers called on the mandatory reports of Britain’s pension funds to separate at least 5 percent of investments in local capital.

This week, the investment group was led by the CEO of the Ocean Wall Nick Lawson, the government’s special adviser to discuss the way to reveal state capital markets this week was meeting with Chandra.

The fund managers disclosed their concerns about the situation of the British capital market and the agreed investor was in “Rock Surle”.

The meeting stressed that the new preliminary public victims of holes from the British market, including the British market, Britain and US companies have a new starting facilities in which the British companies have declined by private capital and foreign buyers.

At the same time, the participants said that companies encountered “Doomsday Loopu” caused by the net sellers of the British capital for 9 years.

The meeting came a day after the US Food Delivery Company DOORDASH 29 billion pounds contracted For the supply of rival in the UK, four years after the 7.6 billion pounds in London, “the worst IPO in London’s history has lost more than the first day of trade.

Wherever the assessment is listed in the list of companies, a key factor stretching from the UK stretching, UNCHINGPruptionus, especially in the United States. Listing costs and management loads are also shown as stored outside.

Participants in the Downing Street meeting, raised the claim to work on internal capital funds, as well as mandation.

Targets were discussed 5 percent, 8 percent, 10 percent and 10 percent and 10 percent and 10 percent expedient limits, and there was a wide agreement to be prioritized to the benefits of contribution schemes.

“If the British Pension Funds exceeded 10 percent, it would be a heroine shot for the markets,” said Lawson, the “delicate manageable mandation”.

During the meeting, some participants suggested that such a change and support assessments are more widely “a virtuous circle” that will benefit both the market and protectors.

However, the concept of mandation is very controversial.

Pension fund executors say that it will “open a worm will be opened” and investors ‘best returns to investors’ best returns.

Pension funds are expected to sign a voluntary compact this month – an update of 2023 Mansion House Spomact signed under the latest conservative – 10 percent in the end of the decade, 10 percent in England.

However, FT understands that there will be no specifications to invest in the listed shares.

Although the former Chancellor Jeremy considers mandation, he did not present policies before last year. Chancellor Rachel Reeves did not rule out the idea, but the ministers hesitate.

Mel step, shade Chancellor, said the idea He struck his desperationExplaining the financial time this week: “Pension funds should be free to make investment decisions based on the best for the savers.”

Stock managers were in the meeting, Veteran shareholders, headners from UK’s violence, UK’s violence from the UK’s intensity management, UK and Sroders, Michael Sliasny in M ​​& G investments.

National Employment Deposits said that a close-minded person, a close person supported by the Government of the UK, but said the Foundation was open to the public in the UK’s commitment.

The nest, which is more than £ 50 billion, was invested in the end of March 1.75 percent of the total assets of Britain’s capital. Liz Fernando, the General Investment Officer in the Nest, explained Ft in an interview He said that the partner managers of the whole nest “actively encourage the assets of England.”

Government spokesman, the ministers wanted to provide “enterprises that enterprises should enter the financial need to grow.” The speaker added: “This is part of this as part of this.”

“The final report of the Pension Investment Review will be broadcast as soon as possible, and this will consider how England will ensure unfounded investment benefits.”

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *