UK pension investors cut US exposures amid global volatility
UK institutional investors responded to last year’s trade, tariff and geopolitical disruption with selective changes rather than wholesale portfolio resets, according to new research. Figures from Nuveen’s 2026 EQuilibrium Global Institutional Investor Survey showed that 11% of UK investors made significant portfolio changes in response to the disruptions of 2025, the second-highest proportion globally. But the survey also suggests investors did not see the year simply as a source of risk: 73% said 2025 delivered more upside than downside to their...
