Worcestershire LGPS adopts downside protection for £1.2bn equity portfolio

Stephanie Baxter
clock • 3 min read

Worcestershire County Council Pension Fund has implemented a solution to bank some of the recent upside in the equity markets and protect these gains through to its 2019 triennial valuation, PP has learned.

It is the latest local government pension fund to go down this route two years after changes to the LGPS regulations clarified that funds can use derivative-based strategies. The £2.8bn fund's p...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Rothesay to provide majority funding for sustainable university redevelopment

Rothesay to provide majority funding for sustainable university redevelopment

Multi-decade partnership with the University of Manchester reaches financial close

Alex Levy
clock 04 August 2026 • 1 min read
Burnham urged to stem flow of UK pension capital into US tech stocks

Burnham urged to stem flow of UK pension capital into US tech stocks

Think tank calls concentration of UK pension investment in US tech stocks a ‘systemic risk’

Alex Levy
clock 30 July 2026 • 3 min read
Partner Insight: Can stewardship shape real world outcomes for pension funds?

Partner Insight: Can stewardship shape real world outcomes for pension funds?

Stewardship has moved well beyond voting statistics. For pension investors, it is now about whether engagement is shaping real-world outcomes across climate, people, governance and systems-level risks.

Royal London Asset Management
clock 29 July 2026 • 5 min read
Trustpilot