Britain Allocates $64B In Pension Funds For Tech Startups In Bid To Become The Next Silicon Valley
With economies around the globe continuing to suffer along at a slow pace, governments are thinking outside the box to find a solution. This includes the U.K. government, which recently announced an agreement with the country's largest defined contribution pension. With this deal, 5% of assets in its default funds are expected to be attributed to unlisted equities over the next seven years. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to ch
Source: yahoo.com