Fixed income tender marks latest step in process of pooling nine partner funds’ assets. : Sweden’s experience with the Premium Pension system shows how arduous dismantling of poorly constructed architectures can be Alternative risk premia strategies can be helpful for institutional investor portfolios through diversification and risk reduction LGPS Central is looking for active managers to run a £2bn (€2.2bn) global investment grade corporate bond fund. The tender, aided by IPE Quest, marks the latest step in the pooling of assets held by the consortium’s nine local authority pension fund members. Together they have £40bn in assets under management.