*Team seeks 70pc State bond assets cap for pension funds* A team of experts is pushing for the gradual reduction of allowable investments in government securities by pension funds to incentivise the schemes to diversify their portfolios. Financial sector players led by the President of the Association of Pension Trustees and Administrators of Kenya Hosea Kiili and who were part of a National Treasury taskforce exploring ways to tap into public private partnership (PPPs) projects, want the maximum allowable investments in government securities cut to 70 percent from the current 90 percent. Source: Business Daily