LGPS

Local Government Pension Scheme (LGPS) funds are being urged to prioritise cashflow management as investors are challenged to find income in traditional fixed income and property markets.

Essex Pension Fund is looking to appoint an investment manager for a direct corporate lending mandate of approximately £200m to £250m.

Norfolk County Council has issued a tender notice for a multi-provide framework agreement for the provision of actuarial services, governance, and administration support and consultancy services.

GLIL Infrastructure has raised £500m from two Local Government Pension Scheme (LGPS) pools to fund UK infrastructure investments.

A £630m global active emerging market bond fund has been created by LGPS Central with initial investments from four pension funds.

LGPS Central has selected BMO Asset Management and Western Asset Management Company as external co-managers for its multi-asset credit fund.

The Greater Manchester Pension Fund (GMPF) has invested £10m in a social impact fund launched by Resonance to tackle homelessness.

GLIL Infrastructure has agreed to acquire a 30% equity stake Agility Trains East (ATE) for a rolling stock fleet of 65 new UK intercity trains from Tokyo-headquartered Hitachi Rail.

The final McCloud rules for the Local Government Pension Scheme (LGPS) in England and Wales could delayed due to other regulatory priorities but funds are being urged to start collecting the necessary data.

The Department for Communities in Northern Ireland has proposed rules to remedy historic age discrimination for its Local Government Pension Scheme (LGPS) following the widespread McCloud reform.