Local authority pension funds should pool together and invest in housing and associated infrastructure, a report has said.
Schemes should turn to inflation-linked assets such as long-lease property and mature infrastructure to cope with an insufficient supply of index-linked gilts, say consultants.
A Pension fund preference for brownfield investments over greenfield could hamper government plans for infrastructure investment.
Schemes should seize the opportunity to invest in infrastructure projects as banks scale back their exposure to illiquid assets, Redington argues.
Local authority funds have called for an independent platform or ‘clearing house' on which they could access local investment opportunities, a Smith Institute study says.
Pension Insurance Corporation has invested £50m in Raglan Housing Association as part of a strategy to increase its holdings of housing association and infrastructure debt.
First State Investments has appointed two new infrastructure advisers, bringing Marc Boudier and Lutz Feldmann into the company.
A third of infrastructure investors believe the government will fail to attract pension fund investment for ambitious projects such as an overhaul of British roads, a survey reveals.
A group of lawyers and investment consultants working on a service to aid £0.5bn of institutional infrastructure investment denies it is competing with the government's Pension Infrastructure Platform.
The Environment Agency Active Pension Fund is set to drastically reduce its gilt holdings in favour of corporate bonds after reviewing its investment strategy.