Seven LGPS funds appoint LGIM to manage £6.5bn pooled investments

Michael Klimes
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Legal and General Investment Management (LGIM) has been chosen to manage £6.5bn of passive pooled investments for seven local government pension schemes (LGPS) known as the "Shires".

Cheshire, Leicestershire, Nottinghamshire, Shropshire, Staffordshire, Warwickshire and Worcestershire are the counties which make up the group. In the Summer Budget the government revealed plans...

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