The Final Countdown 1 THE FINAL COUNTDOWN 1.7%


The expected decline in headline UK divi- dends during 2023 to £92.3bn, a £1bn improvement on previous projections thanks to higher cash returns by banks in the second quarter. Source: Computershare


2050


Only around 60% of companies are on track to achieve their net-zero target by 2050. Source: Fidelity International


62%


The level of British pension funds which have not invested in natural capital


despite being aware of biodiversity risks. Source: Pensions for Purpose


81%


The level of professional investors who believe that global macro-economics are an important factor in portfolio construction. Source: Fulcrum Asset Management


€ trn 50 | portfolio institutional | September 2023 | Issue 126 59%


…of institutional investors intend to increase their illiquid investments, while 26% plan to “dramatically” increase their exposure to such assets. Source: Aeon Investments


53%


…of DC schemes have, or are consider- ing, altering their investment strategy in response to current economic challenges. Source: Aon


60%


The level of local government pension funds and DC schemes who favour pri- vate equity as the vehicle to make an impact with their capital. Source: Pensions for Purpose


€13.8bn


The net outflows from Europe-domiciled long-term funds in June ending two months of positive flows. Economic uncertainty has been blamed. Source: Morningstar


The record assets under management held by European equity ETFs in June. Source: LSEG Lipper


Quote of the Month


“There is stuff you worry about, stuff you don’t worry about and stuff you pay someone else to worry about.” Andrew Harrison, LawDeb Pension Trustees


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52