Eight Midlands LGPS funds to create £35bn investment pool

Stephanie Baxter
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A group of local government pension funds in the Midlands have launched plans to set up a multi-asset investment pool to meet the government's plans to cut costs.

Eight funds, all based in the Midlands, said today they intended to create an investment pool which would initially be worth £35bn, which is the combined value of the funds' portfolios as of 31 Mar...

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