upvote
Requiring local investing by pension funds would be rather like pushing on a rope. Until more European countries get serious about a growth agenda and reducing government interference in free markets there won't be many good investment opportunities.
reply
I partially agree, but if my private pension needed to invest into the underperforming FTSE250 by law, I’d just opt out of that system and put my savings into a US/Emerging-markets index myself.

I’m not patriotic enough to spaff my compound interest opportunity on a bunch of dying tobacco, oil, & mineral extraction companies to put any of it to work in the FTSE250.

reply
I don’t think it needs to be the FTSE and I don’t think it even needs to be all that much in UK funds but if you look at the default allocations of many large pensions it’s single digit UK equity exposure which I think isn’t really acceptable.
reply
A lot of those investments are self-fulfilling though.
reply
I don't think regular people should have a say where their pensions are invested. It should automatically be in what's best long term for the country they live in.
reply
Kids and their wellbeing and education might be a good start…
reply
We are talking about private pensions, right?
reply
I don't think private pensions should exist.
reply
deleted
reply
Does the EU has an index that is competitive with the SP500 over the long term?
reply