Member

Recent investment performance may not be reflective of a good long-term investment strategy. Within the UK, the highest-performing multi-employer schemes have often been driven by exposure to overseas—in effect, US—equities. That may have been effective for the last five to 10 years, but markets have been more volatile recently, and it may not be the right strategy for the future. Our modelling shows that diversification, where assets are spread across a wider range of assets, can help increase long-term performance.