Pension funds seek riskier, illiquid bets to make returns they need

British pension funds are coping with low bond yields and high share prices by seeking riskier investments, in a hunt for the returns they need to meet their obligations to pensioners. Collectively managing at least 2.5 trillion pounds ($3.69 trillion), pension funds are reeling from six years of money-printing by central banks globally, which has depressed yields so much that some bonds even cost investors money to hold them. Speakers (Milan: BEC.MI - news) and delegates at a National Associati