UK Pension Funds' Shift from Domestic to Foreign Markets Starves UK Equities of Capital

Britain's pension funds invest very little in UK equities compared to other countries, starving UK markets of capital
This mismatch contributes to a downward spiral of lower demand, lower valuations, and even lower demand in UK markets
The shift from UK-centric to global asset allocation never translated into the expected foreign capital inflows
It's too late for defined benefit pensions to reverse course, but defined contribution & retail investors could still help
Policy action like increasing pension auto-enrollment rates and influencing asset allocation is needed to drive more savings into UK equities