LPFA to fund London development for liability matching purposes

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The London Pensions Fund Authority (LPFA) will be financing the redevelopment of London's Pontoon Dock as part of its liability matching strategy.

LPFA, which administers a £4.8bn pension fund for 60,000 members, is contributing 85% of the financing in the latest sign of its asset and liability management (ALM) model of matching long-term lia...

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