PE boosts UK pension returns

Private equity returns are significantly higher than the UK stockmarket over three, five and 10 years, according to a BVCA survey. The private equity industry in the UK recorded 10 year returns of 18.7% compared with 7.9% for the FTSE All-Share index. Over three years, PE returns were 31.3% compared with 17.2% on quoted equities. Peter Linthwaite, chief executive said: “The above average returns that PE generates helps retirement schemes provide good pensions for their members.”