Pension funds slash equity exposure

Average equity allocations for Irish defined benefit (DB) schemes fell to 27% this year, compared to 39% in 2017. 

Irish pension schemes have reduced their equity allocations by almost a third in the past three years as they diversify into fixed income and real assets such as property and infrastructure according to a survey by Mercer.

Their 2020 European Asset allocation insights show average equity allocations for Irish defined benefit (DB) schemes fell to 27% this year, compared to 39% in 2017.