13-05-2025
Pension Funds Agree to Invest 5% Into UK Private Assets
As UK pension fund managers agree to invest at least 5% of their assets into UK private markets, Chancellor Rachel Reeves says she hopes the deal will unlock billions of pounds for infrastructure projects and local startups, but she won't rule out mandating funds to invest. Alastair King, Lord Mayor of the City of London, and Andy Briggs, Chief Executive of Phoenix Group both join Bloomberg's Francine Lacqua to discuss how this could impact the UK economy. (Source: Bloomberg)
