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

Trump tariffs making schemes 'rethink' US holdings

Trump tariffs making schemes 'rethink' US holdings

Isio says European schemes focused on reducing allocations and ‘damage limitation’

Jasmine Urquhart
clock 02 May 2025 • 1 min read
LGPS Central launches stewardship service

LGPS Central launches stewardship service

Midlands LGPS pool says service designed to ease governance burden on partner funds

Martin Richmond
clock 02 May 2025 • 1 min read
How the way schemes are working with asset managers is changing

How the way schemes are working with asset managers is changing

As schemes grow in size and sophistication, collaboration is becoming key

Charlotte Moore
clock 01 May 2025 • 8 min read
Trustpilot