All Pooling articles – Page 2
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News
ACCESS awards more private markets mandates
European and US mandates have been awarded to Arcmont Asset Management and Golub Capital, respectively.
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News
LGPS pools back £510m affordable housing fund
The London CIV and ACCESS pools have invested in a new round of fundraising for an affordable housing strategy run by Legal & General.
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News
FCA authorisation for pools ‘costly and time-consuming’, says LGPS board
The LGPS Scheme Advisory Board joins consultants and policy experts in querying the government’s proposals for reforming the Local Government Pension Scheme.
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News
LGPS Central takes on £11bn in passive mandates
LGPS Central now runs more than £43bn on behalf of its partner funds, as the government seeks to accelerate pooling and expand the services offered by the pools.
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News
Government urged to ‘seriously reconsider’ LGPS proposals
Industry commentators have warned of challenging timelines to achieve the government’s plans for the LGPS, while significant improvements to funding call into question the need for reform.
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Features
Outlook 2025: ‘Fit for the future’ consultation looms for LGPS funds
Change is afoot for the Local Government Pension Scheme, with consolidation plans from government and demand for more UK-focused investment. What will the next year bring?
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News
PLSA leads engagement efforts over megafunds plans
UK pension schemes are seeking to engage positively with the government over plans to supercharge consolidation and increase investment in domestic assets.
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Opinion
Editor’s notes: Mega challenges to get to megafunds
Are the “biggest set of reforms to the pensions market in decades” the right path for the government to pursue? Pensions Expert editor Nick Reeve looks into some of the detail of the consultations announced last week.
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News
Government plots LGPS consolidation through Pension Schemes Bill
Chancellor Rachel Reeves has announced plans to merge local authority pension funds into a “handful of megafunds” to boost their capacity to invest in infrastructure and local assets.
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News
What the LGPS expects from the Mansion House speech
With chancellor Rachel Reeves set to deliver her first Mansion House speech this week, the pension sector is buzzing with speculation about the future of the Local Government Pension Scheme (LGPS).
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News
LGPS update: Border to Coast invests in UK clean energy
Border to Coast has made the first investment from its UK-dedicated investment portfolio launched earlier this year, while ACCESS has reached £50bn in pooled assets.
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News
Tyne & Wear, Teesside to create admin ‘centre of excellence’
The Tyne & Wear and Teesside pension funds have agreed a partnership to establish a shared administration function.
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News
LGPS update: ACCESS, LGPS Central allocate to real estate strategies
The ACCESS asset pool has appointed Orchard Street Investment Management to run a £100m impact real estate strategy on behalf of its 11 partner funds.
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Features
Are Canadian pension funds the right template for the LGPS?
The chancellor wants UK pension schemes to learn from their Canadian counterparts when it comes to investing in UK infrastructure. But Canadian schemes are themselves under pressure for a perceived lack of domestic investment.
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News
London CIV faces uncertainty as local authority fund ponders future
Despite the government’s best efforts to pool the assets of UK local authority pension funds, one London scheme – the £1.5bn Royal Borough of Kensington and Chelsea Superannuation Fund – recently revealed it may leave the London CIV.
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News
Kensington and Chelsea fund considers leaving London CIV
On the go: The £1.5bn Royal Borough of Kensington and Chelsea Superannuation Fund is considering leaving the London CIV.
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News
Border to Coast invests in private markets
On the go: The £38.3bn Border to Coast Pensions Partnership, which handles the assets of 11 Local Government Pension Scheme funds worth a collective £60bn, has made initial commitments to its second private markets programme, first launched in April 2022.
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News
Border to Coast appoints Robeco for voting support
On the go: The £38.3bn Border to Coast Pensions Partnership, which handles the assets of 11 Local Government Pension Scheme funds worth a collective £60bn, has reappointed Robeco to provide it with voting and engagement support services.
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News
LGPS funds target illiquid assets and emerging market equities
Illiquid alternatives have been the most sought-after investments among local authority pension funds this year, while schemes are also set to take advantage of selected investment opportunities in emerging markets.
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News
LGPS Central to break even on cost savings by 2023
On the go: LGPS Central, which manages around £49bn in assets on behalf of eight Local Government Pension Scheme partner funds, expects to break even on cost savings by 2023.