The trend of UK pension funds shifting away from UK equities in favour of overseas is gaining momentum, according to a survey by Dresdner RCM Global Investors.

The survey shows that seven out of 10 UK consultants now believe as much as 50% of a UK pension fund's equity portfolio should be invested overseas. The current ratio is 68:32 in favour of UK equities.

Dresdner RCM survey shows sea change in opinion

William Hutchings

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