Blinken In China & 'Massive Downsizing' At Credit Suisse
Bloomberg Daybreak: Europe Edition
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BT's 39 Billion Pound Pension Fund Cuts UK Investments in Blow to Hunts Big Bang 2.0 Ambitions
BT's 39 billion pound pension fund has cut back its exposure of London listed stocks to just 100 million pounds. A spokesman said the BT pension scheme was reducing its exposure to equities. And this is really all part of a de-risking strategy for the company.
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