UK plans "megafunds" to pool pension resources, aiming for better returns and growth.

The UK plans to create "megafunds" to pool pension resources, aiming for better investment returns and economic growth. These large investment pools could unlock up to $100 billion for further investment, leveraging both public and private funds. However, there are questions about the effectiveness of such large-scale funds and the need to ensure viable investment opportunities.

November 13, 2024
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