London CIV pooled assets rise to £31.6bn

Pooled assets increase 18% in 2023/24, with private and passive pooled funds up

Jasmine Urquhart
clock • 2 min read
London CIV has seen an 18% rise in pooled assets
Image:

London CIV has seen an 18% rise in pooled assets

The London CIV Local Government Pension Scheme (LGPS) pool has seen assets increase by 18% to £31.6bn over the last financial year.

The LGPS pool's assets in private market funds increased 26% to £3.1bn over the year, while its passive pooled funds increased 16% to £14.5bn, and public markets decreased 20% to £15.5bn. The po...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Pension Pooling

Biggest ever Wales pension fund to be established to 'unleash' £25bn local investment

Biggest ever Wales pension fund to be established to 'unleash' £25bn local investment

New pool for 22 local authorities will be ‘biggest ever Welsh pension fund’

Jasmine Urquhart
clock 09 May 2025 • 2 min read
LGPS 'record' 126% surplus reflects 'resilience' amid market turmoil

LGPS 'record' 126% surplus reflects 'resilience' amid market turmoil

Tariff volatility briefly affected funding levels but stabilisation has returned for valuation

Jasmine Urquhart
clock 08 May 2025 • 1 min read
Brunel hits back following government pooling decision

Brunel hits back following government pooling decision

LGPS pool ‘strongly rejects’ suggestion that pool weakness was to blame for MHCLG call

Jonathan Stapleton
clock 07 May 2025 • 3 min read
Trustpilot