Emerging market allocation gained nearly 30% in 2017, according to the Church fo England Pensions Board’s annual report. : According to reports, global bond ETFs had their best quarter on record in the first quarter of 2017 with $44.5bn of inflows The £2.6bn Church of England Pensions Board (CEPB) plans to halve its public equity exposure as part of a radical asset allocation overhaul.