Defined contribution (DC) schemes are changing. The days when their default funds were crammed full of listed equities, bonds and tracker funds are long gone.
Today such portfolios offer exposure to industrial properties, housing, wind farms and stakes in fledgling tech companies as well as lending money directly to the borrower.
Almost half of DC schemes (42%) have exposure to such assets, with a further 28% telling a survey by the DC Investment Forum that they intend to start investing in illiquid assets.
And the size of these allocations are expected to rise with many master trusts announcing targets for these assets.
Private market assets offer much needed growth and diversification, but there are concerns over fees and the dangers of carrying too much illiquidity.
And then there is the negative impact on the environment that some real assets cause.
So how are the investment teams of workplace pension schemes and their advisers managing such assets?
In early October, portfolio institutional will sit down with people across the investment chain to discuss the big issues for DC schemes investing in illiquid assets.
A limited number of audience seats are available to hear our panel discuss:
- Favoured asset classes
- Living with illiquidity
- Government policy
- Sustainability
Register here to witness the discussion and to enjoy an informal chat with the panel over drinks.
Networking:
Following the formal discussion, our audience will have the opportunity to engage in a live Q&A session with our expert panelists. The event will conclude with a post-event networking session, providing a platform for further discussions and connections.
Speakers:
Chair:
Sponsored by:
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