Investment consultant advice loses LGPS £6.2bn in ten years

Stephanie Baxter
clock

Local Government Pension Schemes (LGPS) would have been better off if they had left their portfolios untouched for the last decade instead of listening to investment consultants, research finds.

Analysis by Clerus discovered schemes that had no investment consultant outperformed those that did by an average of between 0.8 and 1.1 percentage points a year from 2003 to 2013. The firm said...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Robeco Active Quant - It's all about predictable results

Partner Insight: Robeco Active Quant - It's all about predictable results

Robeco
clock 27 March 2025 • 5 min read
Border to Coast calls for reforms to boost productive asset investments

Border to Coast calls for reforms to boost productive asset investments

LGPS pool says there is ‘significant appetite’ for investment in productive assets

Martin Richmond
clock 25 March 2025 • 3 min read
Partner Insight: LGPS - Going for Gold?

Partner Insight: LGPS - Going for Gold?

In the second of two articles, we help demystify gold as an investable asset class for LGPS funds.

World Gold Council
clock 24 March 2025 • 5 min read
Trustpilot