UK - Net returns on investments at the London Pensions Fund Authority (LPFA) suffered under the fall of equity markets, as revealed by the body's annual report and accounts for 2000-01.
Net returns on investments for 2000-01 was £121.4m, compared with £205.9m for 1999-00. Net assets at the LPFA for 2000-01 was £2.8bn, compared with £3bn for 1999-00. Despite this decrease, pensi...
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