Local Government Pension Scheme

Professional Pensions rounds up some of the latest tender awards from across the industry.

Access has onboarded another £5.5bn of Local Government Pension Scheme (LGPS) funds after launching seven sub-funds with Link Fund (LF) Solutions.

The £2.7bn Dyfed Pension Fund will move 15% of its assets into low-carbon equity portfolios in a move to reduce its carbon footprint by screening out fossil fuel and thermal coal exposure.

The Aberdeen City Council Transport Fund has agreed a £230m buy-in with Rothesay in the insurer’s first deal with a Local Government Pension Scheme (LGPS) fund.

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.

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

The Wales Pension Partnership (WPP) has opened a series of fixed income funds for its eight constituent authorities, all of which will be investing.