USS posts 20.1% growth in AUM during 2016/17

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The Universities Superannuation Scheme (USS) increased assets under management by 20.1% to £60bn over the past year, the scheme's latest annual report and accounts reveal.

The fund's latest annual report and accounts said the scheme's assets grew by £10.2bn from £49.8bn on 31 March 2016 to £60bn on 31 March 2017. The scheme said it underperformed its one-year stra...

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