Economy and macroUpdated November 13

City of London mayor wants UK pension funds to invest.

Bronek Masojada is being sworn in as Lord Mayor of the City of London on Friday. After three decades in insurance, Bloomberg reports, he plans to bring the same rigor to his new role. One part of his agenda is pressing UK pension funds to invest, with the stated aim of boosting the country’s competitiveness and putting its pension savings to work. Bloomberg says those savings run into the trillions. That’s a lot of retirement money to make part of a competitiveness pitch.

2 publishers2 reports

Coverage started November 13