LGPS pooling

LGPS Central has fully invested its inaugural private equity fund eight months on from its launch.

The Brunel Pension Partnership has launched an emerging markets sub-fund following the appointment of Genesis Investment Management, Wellington Management and Investec Asset Management as investment managers.

Local Government Pension Scheme (LGPS) funds must set investment objectives after the competition watchdog expanded those caught by its market investigation, but more clarity is needed, Hymans Robertson has said.

Brunel Pension Partnership has launched its authorised contractual scheme (ACS) and first sub-fund managing around £1.6bn of UK equities.

LGPS Central has appointed Hermes Equity Ownership Services (EOS) to run engagement and voting services for the investments of its nine local authority funds.

Border to Coast Pensions Partnership has named its first three asset managers to oversee a circa £1.2bn UK equity portfolio.

Andrew Warwick-Thompson is to step down from his role as chief executive of LGPS Central next spring, the £45bn pool has announced.

The £30bn Brunel Pension Partnership has appointed Hermes Equity Ownership Services (EOS) to provide voting and engagement services.

Daniel Booth has been appointed as the first permanent chief investment officer (CIO) of the £46bn Border to Coast Pensions Partnership.

LGPS Central has become the fourth local authority pensions pool to sign up to the code of cost transparency.