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Industry broadly welcome aims of increasing LGPS investment in unlisted equities but warn of a 'one-size-fits-all' approach
The drive to get Local Government Pension Scheme (LGPS) funds to invest more in private equity has been welcomed, but “one-size-fits-all approach” should not be taken, the industry has said.
In the chancellor's annual Mansion House speech yesterday (10 July), a proposal to get LGPS funds to double their investment in private equity to 10% was revealed. Chancellor Jeremy Hunt said th...
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