Another story to sock away and revisit if bond yields ever race higher, U.K. pension funds have...

|By:, SA News Editor

Another story to sock away and revisit if bond yields ever race higher, U.K. pension funds have more assets allocated to fixed-income than stocks for the first time in 50 years (U.S. plans made the crossover a few months back). It's easy to place to blame on crowd-following fund managers, but perverse regulations also force money into "safe" assets like government debt. (a kind word for the rush to safety)