LPFA's Cockell says LGPS must stop relying on safe assets
The Local Government Pension Scheme (LGPS) deficit will keep on rising if funds continue to invest in gilts and bonds instead of infrastructure, London Pension Fund Authority deputy chairman Merrick Cockell has warned.
Speaking at the Future of the LGPS conference in London on 18 November, Cockell urged schemes to embrace infrastructure investment instead of relying on traditional, safe assets that move in line with...
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