Buzz: LGPS shouldn't pile into passives

clock • 1 min read

There was not a huge amount of support for the Centre for Policy Studies' (CPS) report calling for the Local Government Pension Scheme (LGPS) to put most of its money into passive funds.

Respondents warned against schemes putting all their eggs into one basket. "Exchange-traded funds (ETFs) and trackers are just one strategy," said one critic of the CPS. "I think a more diversif...

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