The pensions industry will have its work cut out if it is to invest in private markets on a much wider scale.
The risk, scale and time involved when investing in private markets were the main challenges that appear to face institutional investors and their clients.
The scale and size of pension funds in Britain has made them a target for the UK government’s drive to invest more in the local economy but there are many hurdles to overcome, delegates at the Pensions and Lifetime Savings Association (PLSA) annual investment conference were told.
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