Government launches new Supers Unit to attract Australian pension fund investment
A roundup of the latest investment headlines from the Local Government Pension Scheme, brought to you by Pensons Expert’s sister title LAPF Investments.
Railpen plans to expand its infrastructure portfolio from £1bn to up to £3bn over the next few years. The £35bn scheme’s head of infrastructure Lewis Vanstone outlines why, and explains how such investments can support members and the UK economy.
Pension Insurance Corporation has set out a series of policy reform proposals in a new report, aimed at expanding the pipeline of investable assets for institutions in the UK seeking to invest closer to home.
The move builds on the Mansion House Accord agreed in July, and will be launched at the government’s inaugural Regional Investment Summit in Birmingham.
Pension funds are expected to drive the continuing growth of private markets assets, with infrastructure and private debt expected to overtake real estate in value globally.
GLIL Infrastructure has teamed up with UK asset manager Equitix and Austrian construction firm Strabag to run a major upgrade of the Haweswater Aqueduct in the Lake District.
Plus: Legal & General and Federated Hermes merge property funds to create £4.7bn vehicle.
WTW’s defined contribution master trust has allocated to the Schroders Greencoat Global Renewables+ long-term asset fund.
The £330m move will see the master trust support innovative companies like Kensa, which manufactures ground source heat pump technology.