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Nationwide Pension eyes ESG tilt for £1b in equities

Joe Marsh
The UK fund is mulling new benchmarks for its Asia-heavy global stock allocation amid rising pressure on pensions to incorporate environmental and social factors in investing strategies.
Nationwide Pension eyes ESG tilt for £1b in equities

UK building society Nationwide may switch its defined benefit pension scheme’s Asia-heavy £975 million ($1.26 billion) listed equity allocation to an environmental, social and governance (ESG) benchmark.

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