The Lancashire County Pension Fund has agreed to re-allocate £150m of its investment portfolio from global equities to local infrastructure projects.
The decision will partly fund the Preston, South Ribble and Lancashire City Deal which is intended to create 17,420 new homes and 20,000 jobs in the area. Two thirds of the allocation, which amo...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
