Published: 05 August 2021
Commenting on the Prime Minister and Chancellor's challenge to UK investors to create an ‘Investment Big Bang’ in Britain, Mark Fawcett, Nest’s Chief Investment Officer, said:
“Opening up private markets for long-term investors like pension schemes is a win-win. It allows schemes to access potentially strong, steady returns for decades, while helping to support economic growth and job creation that should ultimately also benefit our savers.
“At Nest we’ve been steadily increasing our investment into private markets, which is set to continue further with our upcoming procurement into growth private equity later this year.
"We support the government looking at innovative ways to help other schemes access similar return opportunities.”