Lookback: UK pension funds slow the switch from equities

UK pension schemes are reducing their equity exposure at the lowest rate since the financial crisis; Trading in securitised derivatives makes up bulk of turnover at Börse Stuttgart; Institutional investors show growing appetite for risk

Pace of outflows from UK equities is slowing, says report

UK pension schemes are reducing their equity exposure at the lowest rate since the onset of the financial crisis, according to Mercer's annual European Asset Allocation Survey. Equity allocations have almost halved in the UK over the past decade, but the results of the survey indicate that this pace of change is beginning to slow.

Exposure to equities has dropped from an average of four percentage points a year over the previous five years, to a two percentage point reduction during 2013. Mercer