UK. Pension funds to up investment in smaller firms, consultant says

Jump in interest reverses a long-term trend where big investors gravitated towards the world’s largest companies Pension funds’ appetite for high-risk, high-return investments in smaller companies has surged in the past year, according to one consultancy — offering a piece of good news for beleaguered stock-pickers. The jump in interest reverses a long-term trend, according to bfinance, the investment consultancy. Big investors have gravitated towards portfolios of the world’s largest companies, often held through index trackers Read more @fn...