Local Government Pension Scheme

Brunel Pension Partnership has appointed four asset managers to run a £1.2bn sub-fund, while Border to Coast Pensions Partnership has appointed two specialist China managers.

Border to Coast Pensions Partnership has completed £500m of private equity investments with another £485m of commitments made by its partner funds.

Four managers have been appointed to run the multi-asset credit (MAC) fund of the Border to Coast Pensions Partnership.

The Local Pensions Partnership (LPP) has invested £150m in private rental housing, joining a consortium of investors who have so far committed to £1.2bn for the build to rent platform.

The Local Government Pension Scheme (LGPS) funds of Lothian, Falkirk and Fife have appointed three independent advisers to their joint investment strategy panel (JISP).

Border to Coast Pensions Partnership has announced £1.4bn of infrastructure investments in a drive to build a diversified global portfolio.

Brunel Pension Partnership has opened a search for managers to run its £1.5bn multi-asset credit sub-fund.

HM Treasury has announced it will resume the cost control mechanism for public sector pension schemes, noting the concern that the 18-month suspension has caused.

Local Government Pension Scheme (LGPS) funds must carry out assessments urgently to understand the impact of the McCloud judgment, says Aon.

James Phillips looks at JP Morgan Asset Management analysis on how LGPS funds have fared over the period to the 2019 valuation, and how they can respond to recent market falls.