HSBC pension re-allocates to de-risk
"There are no prizes for taking on more risk than you need," said CIO Mark Thompson, after the fully funded UK scheme sold 60 per cent of its equities and targeted long-dated assets.
"There are no prizes for taking on more risk than you need," said CIO Mark Thompson, after the fully funded UK scheme sold 60 per cent of its equities and targeted long-dated assets.
"There are no prizes for taking on more risk than you need," said CIO Mark Thompson, after the fully funded UK scheme sold 60 per cent of its equities and targeted long-dated assets.
HSBC Bank (UK) Pension Scheme is an innovative hybrid fund that incorporates a climate tilt for its global equities default in DC, while in the DB portion it remains focused on de-risking.
Asset Allocation