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UK plans to create pension megafunds with aim of unlocking $100 billion for investment

By Financial Post - 3 hours ago
LONDON (AP) — British Treasury chief Rachel Reeves said Thursday the government planned to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s subpar economic growth. Reeves said in her speech to finance leaders in central London that the creation of so-called “megafunds” […]

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