Nest pension fund says pledge to invest 30% in private markets is ‘not guaranteed’

Q: How long will it take to read this news story?

The story "Nest pension fund says pledge to invest 30% in private markets is ‘not guaranteed’" has 1001 words across 34 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Nest pension fund says pledge to invest 30% in private markets is ‘not guaranteed’" was covered 5 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 9 news stories per day. It's most recent story was published 11 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27363823</li><li>URL: https://beamstart.com/news/nest-pension-fund-says-pledge-17430522349181</li></ul>

Financial Times 5d ago

Nest pension fund says pledge to invest 30% in private markets is ‘not guaranteed’ - Financial Times

Quick Summary:

The government has been trying to encourage more pension funds to invest in UK infrastructure assets and scale up companies.

But chief investment officer Liz Fernando said the aim was ambitious and would only be met if the right investment opportunities arose.“We are having to run quite hard,” said Fernando in an interview with the Financial Times.“We want to maintain the tension of making sure we are buying great assets at good prices and have no interest in just shoving money out of the door to hit a target.

Chancellor Rachel Reeves has said proposals to merge defined contribution and local authority pension funds into a series of “megafunds” could unlock up to £80bn for investment in so-called “productive” British assets.