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BT's pension scheme to hold less in equities

August 3, 2009

BT’s pension scheme to hold less in equities | www.ft.com

Pension deficits will be one of the primary reasons that institutional money flows back into levered investments. I predict BT will eventually find a way to take on more risk not less in order to avoid making hugely greater pension contributions. Money is already beginning to flow back into hedge funds.

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