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£40bn Uk Public Pension Pool Gets Regulatory Ok For First Sub-fund | News | Ipe

by ipe.com posted 9months ago 36 views
Three of ACCESS’ member LGPS funds are to invest £1.6bn in global equity sub-fund. : According to reports, global bond ETFs had their best quarter on record in the first quarter of 2017 with $44.5bn of inflows The first pooled investments by members of a £40bn (€44bn) group of UK local authority pension funds are set to be made from October. Following regulatory approval, the ACCESS asset pool will launch a global equity sub-fund in October, it was announced today. Three of the Local Government Pension Scheme (LGPS) pension funds behind the ACCESS pool are to invest £1.6bn in the sub-fund.

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