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After the Labour government announced a new agreement with several of the largest pension funds, they just might be getting an added boost from an initiative the Conservatives bought in.
The news comes as the Association of British Insurers announced an increase in pension fund investment into unlisted equities. Traditionally, insurers have been interested in fixed-income assets such as government or corporate bonds, but they might be missing out on some pretty substantial gains in the private market.
But first, what is Labour’s new Mansion House Accord?
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