UK Pension Funds Agree to Invest 5% of Assets in Startups.

The pensions agreement and capital market reforms are part of Hunt's efforts to lift UK economic growth by spurring investment in innovative businesses. (Bloomberg) -- The UK government announced an agreement between nine of Britain's largest pension providers to boost their investment in growth companies, a move it said could unlock £50 billion ($64 billion) if the rest of the industry follows suit. [Extracted from the article]