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

Why affordable housing is right for DC schemes

Why affordable housing is right for DC schemes

Sian Roberts says the asset class is a strategic, scalable building block for DC portfolios

Sian Roberts
clock 19 January 2026 • 4 min read
ICSWG launches climate investing framework

ICSWG launches climate investing framework

Framework will assist investors in decision making to support real-world change

Martin Richmond
clock 07 January 2026 • 2 min read
ESG progress stalls across UK fiduciary management market

ESG progress stalls across UK fiduciary management market

Just 21% of fiduciary managers were rated ‘green’ in 2025, down from 38% last year

Jonathan Stapleton
clock 07 January 2026 • 2 min read
Trustpilot