Retirement money managers in 14 geographies now allocate 40% of their assets to equities, an eight percentage-point climb over the past five years, according to a Mercer LLC survey released Tuesday that canvassed government, corporate and mandatory pension funds with almost US$5 trillion in assets under management. That compares with about 25% for pension funds in Europe.
Hong Kong: Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40% of their assets to equities, an eight percentage-point climb over the past five years, according to a Mercer LLC survey released Tuesday that canvassed government, corporate and mandatory pension funds with almost US$5 trillion in assets under management. That compares with about 25% for pension funds in Europe.
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