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Fund management

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o-teaser--has-image js-teaser" data-id="3aa6175e-e246-4d4f-81eb-62d6123e4c7c"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/uk-financial-regulation" aria-label="Category: UK financial regulation">UK financial regulation</a></div><div class="o-teaser__heading"><a href="/content/3aa6175e-e246-4d4f-81eb-62d6123e4c7c" data-trackable="heading-link" class="js-teaser-heading-link">Britain to dilute rules for smaller private equity firms and hedge funds</a></div><p class="o-teaser__standfirst"><a href="/content/3aa6175e-e246-4d4f-81eb-62d6123e4c7c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">UK government proposes lifting regulation threshold from £100mn of funds under management to £5bn</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="3aa6175e-e246-4d4f-81eb-62d6123e4c7c" data-myft-ui="saved" 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April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="b7c5aea6-c429-4917-bf35-a4f1b3159f85" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="b7c5aea6-c429-4917-bf35-a4f1b3159f85"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/financial-services" aria-label="Category: Financial services">Financial services</a></div><div class="o-teaser__heading"><a href="/content/b7c5aea6-c429-4917-bf35-a4f1b3159f85" data-trackable="heading-link" class="js-teaser-heading-link">Big investors look to sell out of private equity after market rout</a></div><p class="o-teaser__standfirst"><a href="/content/b7c5aea6-c429-4917-bf35-a4f1b3159f85" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Pensions and endowments seek exit from battered portfolios in blow to buyout industry</a></p><div 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class="o-date" data-o-date-format="date-only" datetime="2025-04-06T04:00:34.051Z">Sunday, 6 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="0c431a83-2c08-4c3d-ac88-a05d3b9be58d" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="0c431a83-2c08-4c3d-ac88-a05d3b9be58d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/37ed5617-8f86-4210-b635-e461705dd7ce" aria-label="Category: Pension Protection Fund">Pension Protection Fund</a></div><div class="o-teaser__heading"><a href="/content/0c431a83-2c08-4c3d-ac88-a05d3b9be58d" data-trackable="heading-link" class="js-teaser-heading-link">UK ‘superfund’ Clara Pensions to invest more than £3bn into private markets</a></div><p class="o-teaser__standfirst"><a href="/content/0c431a83-2c08-4c3d-ac88-a05d3b9be58d" data-trackable="standfirst-link" tabindex="-1" 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</div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-04T10:20:01.611Z">Friday, 4 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8da9067a-36c3-4648-9f5f-d81214794c87" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="8da9067a-36c3-4648-9f5f-d81214794c87"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Skin in the Game</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stuart-kirk" aria-label="Category: Stuart Kirk">Stuart Kirk</a></div><div class="o-teaser__heading"><a href="/content/8da9067a-36c3-4648-9f5f-d81214794c87" data-trackable="heading-link" class="js-teaser-heading-link">Sir Keir will love me, I’m doubling down on UK equities</a></div><p class="o-teaser__standfirst"><a href="/content/8da9067a-36c3-4648-9f5f-d81214794c87" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">It’s finally time to add small-caps to my FTSE 100 exposure   </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8da9067a-36c3-4648-9f5f-d81214794c87" data-myft-ui="saved" action="/myft/save/8da9067a-36c3-4648-9f5f-d81214794c87" data-js-action="/__myft/api/core/saved/content/8da9067a-36c3-4648-9f5f-d81214794c87?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Sir Keir will love me, 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F45d49270-9478-4cd0-afab-624f30b85070.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-03T04:00:50.071Z">Thursday, 3 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7f38e24b-4947-4806-a88b-51aa0ae231b3" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="7f38e24b-4947-4806-a88b-51aa0ae231b3"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Markets Insight</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/c333d6b9-c4f8-3954-b340-2ac83de751b2" aria-label="Category: David Booth">David Booth</a></div><div class="o-teaser__heading"><a href="/content/7f38e24b-4947-4806-a88b-51aa0ae231b3" data-trackable="heading-link" class="js-teaser-heading-link">In shaky times, investors should hold their nerve </a></div><p class="o-teaser__standfirst"><a href="/content/7f38e24b-4947-4806-a88b-51aa0ae231b3" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Trying to time the market can risk missing out on critical days that boost returns</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7f38e24b-4947-4806-a88b-51aa0ae231b3" data-myft-ui="saved" action="/myft/save/7f38e24b-4947-4806-a88b-51aa0ae231b3" data-js-action="/__myft/api/core/saved/content/7f38e24b-4947-4806-a88b-51aa0ae231b3?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div 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href="/content/5104889e-3e20-44fd-9d24-966add0ac64c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5104889e-3e20-44fd-9d24-966add0ac64c" data-myft-ui="saved" action="/myft/save/5104889e-3e20-44fd-9d24-966add0ac64c" data-js-action="/__myft/api/core/saved/content/5104889e-3e20-44fd-9d24-966add0ac64c?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Deutsche Bank’s asset manager fined €25mn over 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7565ee88-0f3c-4c59-bccb-17fc883c68ba.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Montage featuring DWS’s logo against a background of cooling towers"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-02T05:40:04.949Z">Wednesday, 2 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f08711bb-8880-4dec-81ea-f52370592408" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="f08711bb-8880-4dec-81ea-f52370592408"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/asset-allocation" aria-label="Category: Asset allocation">Asset allocation</a></div><div class="o-teaser__heading"><a href="/content/f08711bb-8880-4dec-81ea-f52370592408" data-trackable="heading-link" class="js-teaser-heading-link">The hidden cost of predictable investment rebalancing </a></div><p class="o-teaser__standfirst"><a href="/content/f08711bb-8880-4dec-81ea-f52370592408" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Those basis points add up</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="f08711bb-8880-4dec-81ea-f52370592408" data-myft-ui="saved" action="/myft/save/f08711bb-8880-4dec-81ea-f52370592408" data-js-action="/__myft/api/core/saved/content/f08711bb-8880-4dec-81ea-f52370592408?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" 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style="padding-bottom:56.2446%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Febd6afe4-027d-4c07-a2fd-10575415b232.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-02T04:00:30.614Z">Wednesday, 2 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="521488c6-1e64-4be0-bb93-a1cc83c0b456" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="521488c6-1e64-4be0-bb93-a1cc83c0b456"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/etf-stream" aria-label="Category: Exchange traded funds">Exchange traded funds</a></div><div class="o-teaser__heading"><a href="/content/521488c6-1e64-4be0-bb93-a1cc83c0b456" data-trackable="heading-link" class="js-teaser-heading-link">Launch of the TOV ‘invest Jewishly’ ETF puts activism to the test</a></div><p class="o-teaser__standfirst"><a href="/content/521488c6-1e64-4be0-bb93-a1cc83c0b456" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Fund aims to combat antisemitism and advocate for Israel and Jewish values through engagement with US corporations</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="521488c6-1e64-4be0-bb93-a1cc83c0b456" data-myft-ui="saved" action="/myft/save/521488c6-1e64-4be0-bb93-a1cc83c0b456" data-js-action="/__myft/api/core/saved/content/521488c6-1e64-4be0-bb93-a1cc83c0b456?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" 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href="/content/521488c6-1e64-4be0-bb93-a1cc83c0b456" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2199%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F03d800af-8fd0-400c-8815-968a58f954bc.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Ari Hoffnung"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-01T21:18:07.363Z">Tuesday, 1 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="6d0a240b-db56-4eb6-9db2-dfaf889943e0" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="6d0a240b-db56-4eb6-9db2-dfaf889943e0"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/gold" aria-label="Category: Gold">Gold</a></div><div class="o-teaser__heading"><a href="/content/6d0a240b-db56-4eb6-9db2-dfaf889943e0" data-trackable="heading-link" class="js-teaser-heading-link">Investors flock to gold funds as fears over Trump tariffs mount</a></div><p class="o-teaser__standfirst"><a href="/content/6d0a240b-db56-4eb6-9db2-dfaf889943e0" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="6d0a240b-db56-4eb6-9db2-dfaf889943e0" data-myft-ui="saved" action="/myft/save/6d0a240b-db56-4eb6-9db2-dfaf889943e0" 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data-o-ads-targeting="pos=native;format=horizontal" data-o-ads-formats="PartnerContent" data-o-ads-component="slot" ></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-01T06:35:50.448Z">Tuesday, 1 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="3d29eaff-8e94-48ee-8ff0-08ee20a94d57" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="3d29eaff-8e94-48ee-8ff0-08ee20a94d57"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/investing-in-funds" aria-label="Category: Investing in funds">Investing in funds</a></div><div class="o-teaser__heading"><a href="/content/3d29eaff-8e94-48ee-8ff0-08ee20a94d57" data-trackable="heading-link" class="js-teaser-heading-link">The death of the Yale Model?</a></div><p class="o-teaser__standfirst"><a href="/content/3d29eaff-8e94-48ee-8ff0-08ee20a94d57" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Alternative tales of investment returns</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="3d29eaff-8e94-48ee-8ff0-08ee20a94d57" data-myft-ui="saved" action="/myft/save/3d29eaff-8e94-48ee-8ff0-08ee20a94d57" data-js-action="/__myft/api/core/saved/content/3d29eaff-8e94-48ee-8ff0-08ee20a94d57?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save The 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</div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-01T04:00:48.638Z">Tuesday, 1 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="6465b1de-d476-4920-94ce-849d93116233" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="6465b1de-d476-4920-94ce-849d93116233"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/etf-stream" aria-label="Category: Exchange traded funds">Exchange traded funds</a></div><div class="o-teaser__heading"><a href="/content/6465b1de-d476-4920-94ce-849d93116233" data-trackable="heading-link" class="js-teaser-heading-link">First cat bond ETF opens new frontier in low-correlation returns</a></div><p class="o-teaser__standfirst"><a href="/content/6465b1de-d476-4920-94ce-849d93116233" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Catastrophe bonds linked to randomly occurring natural disasters were previously considered too illiquid for ETFs</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="6465b1de-d476-4920-94ce-849d93116233" data-myft-ui="saved" action="/myft/save/6465b1de-d476-4920-94ce-849d93116233" data-js-action="/__myft/api/core/saved/content/6465b1de-d476-4920-94ce-849d93116233?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd281bbf5-c1c8-4193-9b62-7cee351d480a.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-01T04:00:48.518Z">Tuesday, 1 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1604b4f5-2909-4adf-a173-4fde9dc61f7a" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="1604b4f5-2909-4adf-a173-4fde9dc61f7a"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Markets Insight</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/c929b44b-63a9-4d37-86b6-bf26f9c3965b" aria-label="Category: Eric Pan">Eric Pan</a></div><div class="o-teaser__heading"><a href="/content/1604b4f5-2909-4adf-a173-4fde9dc61f7a" data-trackable="heading-link" class="js-teaser-heading-link">Under Trump, the SEC should open up private markets to retail investors</a></div><p class="o-teaser__standfirst"><a href="/content/1604b4f5-2909-4adf-a173-4fde9dc61f7a" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Regulated funds are the natural bridge to allow individuals greater access </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="1604b4f5-2909-4adf-a173-4fde9dc61f7a" data-myft-ui="saved" action="/myft/save/1604b4f5-2909-4adf-a173-4fde9dc61f7a" data-js-action="/__myft/api/core/saved/content/1604b4f5-2909-4adf-a173-4fde9dc61f7a?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Under Trump, the SEC should open up private markets to retail investors to myFT for later" aria-label="Save Under Trump, the 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Atkins"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-01T04:00:48.511Z">Tuesday, 1 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="2f232445-1af4-499a-87df-11b2356cae90" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="2f232445-1af4-499a-87df-11b2356cae90"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/pensions-industry" aria-label="Category: Pensions industry">Pensions industry</a></div><div class="o-teaser__heading"><a href="/content/2f232445-1af4-499a-87df-11b2356cae90" data-trackable="heading-link" class="js-teaser-heading-link">Pension Protection Fund vows to invest more in ‘juicy’ UK assets </a></div><p class="o-teaser__standfirst"><a href="/content/2f232445-1af4-499a-87df-11b2356cae90" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Britain’s £32bn lifeboat scheme says it will invest in infrastructure and scale-up companies if allowed to grow</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="2f232445-1af4-499a-87df-11b2356cae90" data-myft-ui="saved" action="/myft/save/2f232445-1af4-499a-87df-11b2356cae90" data-js-action="/__myft/api/core/saved/content/2f232445-1af4-499a-87df-11b2356cae90?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8e590d07-5432-4b6c-9fa0-d69bc0d39ecc.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Pension Protection Fund chief executive Michelle Ostermann and Kate Jones, its chair"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-31T10:00:16.063Z">Monday, 31 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="6e1783ef-8e05-446b-be23-6458c6e80dfa" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="6e1783ef-8e05-446b-be23-6458c6e80dfa"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/2b9e833d-3b34-428d-8d2e-0da75ff037df" aria-label="Category: BlackRock Inc">BlackRock Inc</a></div><div class="o-teaser__heading"><a href="/content/6e1783ef-8e05-446b-be23-6458c6e80dfa" data-trackable="heading-link" class="js-teaser-heading-link">Larry Fink warns ‘protectionism has returned with force’ </a></div><p class="o-teaser__standfirst"><a href="/content/6e1783ef-8e05-446b-be23-6458c6e80dfa" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">BlackRock boss tells shareholders people are more anxious about the economy than at any time in recent memory</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="6e1783ef-8e05-446b-be23-6458c6e80dfa" data-myft-ui="saved" action="/myft/save/6e1783ef-8e05-446b-be23-6458c6e80dfa" data-js-action="/__myft/api/core/saved/content/6e1783ef-8e05-446b-be23-6458c6e80dfa?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" 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data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F23685fa1-9d37-4f4c-9683-a5066c1c9162.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Larry Fink speaking"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-31T05:00:15.647Z">Monday, 31 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="408cc5a0-28bc-4316-af2e-6bfc70c8611b" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="408cc5a0-28bc-4316-af2e-6bfc70c8611b"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/asset-management" aria-label="Category: FT Asset Management">FT Asset Management</a></div><div class="o-teaser__heading"><a href="/content/408cc5a0-28bc-4316-af2e-6bfc70c8611b" data-trackable="heading-link" class="js-teaser-heading-link">Reversing Buffett’s ‘big’ mistake</a></div><p class="o-teaser__standfirst"><a href="/content/408cc5a0-28bc-4316-af2e-6bfc70c8611b" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Plus, the rise of active ETFs, the most value destructive funds, and Splash! at the Design Museum</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="408cc5a0-28bc-4316-af2e-6bfc70c8611b" data-myft-ui="saved" action="/myft/save/408cc5a0-28bc-4316-af2e-6bfc70c8611b" 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o-teaser--has-image js-teaser" data-id="21ea0b48-1df1-4ba5-99b4-1b05e214a538"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/ipos" aria-label="Category: IPOs">IPOs</a></div><div class="o-teaser__heading"><a href="/content/21ea0b48-1df1-4ba5-99b4-1b05e214a538" data-trackable="heading-link" class="js-teaser-heading-link">Europe must act to stop tech start-ups leaving to list in US, Swedish PM warns</a></div><p class="o-teaser__standfirst"><a href="/content/21ea0b48-1df1-4ba5-99b4-1b05e214a538" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Ulf Kristersson calls for EU capital markets union to put halt to exodus of homegrown companies</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="21ea0b48-1df1-4ba5-99b4-1b05e214a538" data-myft-ui="saved" action="/myft/save/21ea0b48-1df1-4ba5-99b4-1b05e214a538" 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href="/pensions-industry" aria-label="Category: Pensions industry">Pensions industry</a></div><div class="o-teaser__heading"><a href="/content/9aa53288-d650-44dc-8ba0-88d5641720eb" data-trackable="heading-link" class="js-teaser-heading-link">Dutch pensions to invest €100bn in risky assets boosting Europe’s defence efforts</a></div><p class="o-teaser__standfirst"><a href="/content/9aa53288-d650-44dc-8ba0-88d5641720eb" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">APG boss says largest part of investment to be within bloc owing to ‘attractive valuations’</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="9aa53288-d650-44dc-8ba0-88d5641720eb" data-myft-ui="saved" action="/myft/save/9aa53288-d650-44dc-8ba0-88d5641720eb" data-js-action="/__myft/api/core/saved/content/9aa53288-d650-44dc-8ba0-88d5641720eb?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" 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href="/content/9aa53288-d650-44dc-8ba0-88d5641720eb" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc2f3e646-47d6-4ea9-a807-f3581725001b.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="APG Asset Management chief executive Ronald Wuijster"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-29T05:00:56.411Z">Saturday, 29 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="dd6a0b4d-ac16-4d87-afaf-c023ca47acf6" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="dd6a0b4d-ac16-4d87-afaf-c023ca47acf6"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/indian-economy" aria-label="Category: Indian economy">Indian economy</a></div><div class="o-teaser__heading"><a href="/content/dd6a0b4d-ac16-4d87-afaf-c023ca47acf6" data-trackable="heading-link" class="js-teaser-heading-link">Indians shift to gold investments as local equities flounder</a></div><p class="o-teaser__standfirst"><a href="/content/dd6a0b4d-ac16-4d87-afaf-c023ca47acf6" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Boom in gold ETFs fuels purchases of asset long loved by domestic investors as prices hit record</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="dd6a0b4d-ac16-4d87-afaf-c023ca47acf6" data-myft-ui="saved" 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Behind him, trays of gold ornaments, including necklaces and rings, are mounted on the wall."/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-28T13:10:14.566Z">Friday, 28 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c23a68f5-e1b0-4a3d-8dc3-ac61a9c58ce2" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="c23a68f5-e1b0-4a3d-8dc3-ac61a9c58ce2"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/claer-barrett" aria-label="Category: Claer Barrett">Claer Barrett</a></div><div class="o-teaser__heading"><a href="/content/c23a68f5-e1b0-4a3d-8dc3-ac61a9c58ce2" data-trackable="heading-link" class="js-teaser-heading-link">Rachel Reeves’ Isa reforms must be designed with Gen Z in mind </a></div><p class="o-teaser__standfirst"><a href="/content/c23a68f5-e1b0-4a3d-8dc3-ac61a9c58ce2" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">The chancellor’s plan to revolutionise retail investment needs young investors</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="c23a68f5-e1b0-4a3d-8dc3-ac61a9c58ce2" data-myft-ui="saved" action="/myft/save/c23a68f5-e1b0-4a3d-8dc3-ac61a9c58ce2" data-js-action="/__myft/api/core/saved/content/c23a68f5-e1b0-4a3d-8dc3-ac61a9c58ce2?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F318aeb7c-4d97-4156-ab78-2c85f1b9d266.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Parents with a young baby pore over papers next to an open laptop on a table"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-28T12:00:08.087Z">Friday, 28 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f0bddcc0-2a99-4153-8510-613efc243d9d" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="f0bddcc0-2a99-4153-8510-613efc243d9d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/moral-money" aria-label="Category: Moral Money">Moral Money</a></div><div class="o-teaser__heading"><a href="/content/f0bddcc0-2a99-4153-8510-613efc243d9d" data-trackable="heading-link" class="js-teaser-heading-link">ESG investors’ dilemma over bombs and bullets </a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/f0bddcc0-2a99-4153-8510-613efc243d9d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">There’s an argument that greater engagement in the defence sector from sustainable investors could raise ethical standards</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="f0bddcc0-2a99-4153-8510-613efc243d9d" data-myft-ui="saved" action="/myft/save/f0bddcc0-2a99-4153-8510-613efc243d9d" 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class="o-teaser__image-container js-teaser-image-container"><a href="/content/f0bddcc0-2a99-4153-8510-613efc243d9d" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2613%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4bd5195d-5fe3-400f-849e-7f299e5b7160.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="US soldiers train in Poland"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-28T05:00:38.543Z">Friday, 28 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="6d694ab9-fd4a-48c3-9ae2-51396ec9d017" data-stream-item> <div 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datetime="2025-03-28T05:00:38.438Z">Friday, 28 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="be549d56-5cdc-4a5f-a990-374e35c265b0" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="be549d56-5cdc-4a5f-a990-374e35c265b0"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/etf-stream" aria-label="Category: Exchange traded funds">Exchange traded funds</a></div><div class="o-teaser__heading"><a href="/content/be549d56-5cdc-4a5f-a990-374e35c265b0" data-trackable="heading-link" class="js-teaser-heading-link">Singapore’s UOBAM set to enter Taiwan active ETF market</a></div><p class="o-teaser__standfirst"><a href="/content/be549d56-5cdc-4a5f-a990-374e35c265b0" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Asset manager also plans to expand ETF sales in China via stalled 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aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="be549d56-5cdc-4a5f-a990-374e35c265b0" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/be549d56-5cdc-4a5f-a990-374e35c265b0" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4290586d-2c36-4ae3-a6b6-0017a1044ad7.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Pedestrians in the Wanhua shopping area of Taipei, Taiwan"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-27T13:06:05.920Z">Thursday, 27 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8da8b992-4d99-4ed0-b806-0c571ef2427d" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8da8b992-4d99-4ed0-b806-0c571ef2427d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/european-equities" aria-label="Category: European equities">European equities</a></div><div class="o-teaser__heading"><a href="/content/8da8b992-4d99-4ed0-b806-0c571ef2427d" data-trackable="heading-link" class="js-teaser-heading-link">Asset managers race to set up European defence funds</a></div><p class="o-teaser__standfirst"><a href="/content/8da8b992-4d99-4ed0-b806-0c571ef2427d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Amundi to join flurry of ETF launches as once-shunned sector returns to favour</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8da8b992-4d99-4ed0-b806-0c571ef2427d" data-myft-ui="saved" action="/myft/save/8da8b992-4d99-4ed0-b806-0c571ef2427d" data-js-action="/__myft/api/core/saved/content/8da8b992-4d99-4ed0-b806-0c571ef2427d?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Asset managers race to set up European defence funds to myFT for later" aria-label="Save Asset managers race to set up European defence funds to myFT for later" 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Germany."/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-27T05:00:38.723Z">Thursday, 27 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="d0983712-3c7e-4ecc-b638-185d748b3380" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="d0983712-3c7e-4ecc-b638-185d748b3380"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/etf-stream" aria-label="Category: Exchange traded funds">Exchange traded funds</a></div><div class="o-teaser__heading"><a href="/content/d0983712-3c7e-4ecc-b638-185d748b3380" data-trackable="heading-link" class="js-teaser-heading-link">Thailand ushers in sale of leveraged ETFs to retail investors </a></div><p class="o-teaser__standfirst"><a href="/content/d0983712-3c7e-4ecc-b638-185d748b3380" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Asset managers given green light to launch 2x leveraged and inverse products</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d0983712-3c7e-4ecc-b638-185d748b3380" data-myft-ui="saved" action="/myft/save/d0983712-3c7e-4ecc-b638-185d748b3380" data-js-action="/__myft/api/core/saved/content/d0983712-3c7e-4ecc-b638-185d748b3380?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Thailand ushers in sale of leveraged ETFs to retail investors to myFT for later" aria-label="Save Thailand ushers in sale of leveraged ETFs to retail investors to myFT for later" data-alternate-label="Thailand ushers in sale of leveraged ETFs to retail investors is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved&nbsp;" data-content-id="d0983712-3c7e-4ecc-b638-185d748b3380" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/d0983712-3c7e-4ecc-b638-185d748b3380" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F18ed9bed-186b-44bb-8885-1c1c1ac7caab.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="People walking past fruit for sale at a street market in Bangkok"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-03-27T05:00:38.682Z">Thursday, 27 March, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1e816ed3-c9bf-47e2-8899-7a2ac2657d33" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="1e816ed3-c9bf-47e2-8899-7a2ac2657d33"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Interview</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/c31b03e1-6245-482e-80e2-1081014ab57e" aria-label="Category: Nest Corp.">Nest Corp.</a></div><div class="o-teaser__heading"><a href="/content/1e816ed3-c9bf-47e2-8899-7a2ac2657d33" data-trackable="heading-link" class="js-teaser-heading-link">Nest pension fund says pledge to invest 30% in private markets ‘not guaranteed’</a></div><p class="o-teaser__standfirst"><a href="/content/1e816ed3-c9bf-47e2-8899-7a2ac2657d33" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">State-backed retirement scheme will not compromise on value to meet target </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="1e816ed3-c9bf-47e2-8899-7a2ac2657d33" data-myft-ui="saved" action="/myft/save/1e816ed3-c9bf-47e2-8899-7a2ac2657d33" data-js-action="/__myft/api/core/saved/content/1e816ed3-c9bf-47e2-8899-7a2ac2657d33?method=put" data-myft-ui-save-config=""> <input 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js-teaser-image-container"><a href="/content/1e816ed3-c9bf-47e2-8899-7a2ac2657d33" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2526%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F52c5697e-67a0-48ac-8020-1e53eb236f4a.jpg?source=next&amp;fit=scale-down&amp;dpr=2&amp;width=240" alt="Nest chief investment officer Liz Fernando"/></div></a></div></div> </div> </div> </li> </ul> </div> <div data-stream-additions aria-live="polite" aria-relevant="additions" class="stream__a11y o-normalise-visually-hidden"> </div> <div data-pagination role="navigation" aria-label="Pagination" class="stream__pagination o-buttons-pagination"> <a data-pagination-previous data-trackable="previous-page" disabled class="o-buttons o-buttons--secondary o-buttons-icon o-buttons-icon--arrow-left 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class="o-header__drawer-menu-item o-header__drawer-menu-item--heading">FT recommends</h2><ul aria-labelledby="ft-recommends" class="o-header__drawer-menu-list"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/alphaville" data-trackable="Alphaville">Alphaville</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/ft-edit" data-trackable="FT Edit">FT Edit</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/lunch-with-the-ft" data-trackable="Lunch with the FT">Lunch with the FT</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/globetrotter" data-trackable="FT Globetrotter">FT Globetrotter</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link 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