Cash benchmarks hide £5bn under-performance of LGPS alternatives

Do alternatives really deliver what they promise?

Stephanie Baxter
clock • 5 min read

Stephanie Baxter looks at research accusing consultants of exaggerating LGPS performance from alternatives.

A damning study has claimed that investment consultants have used an "accounting trick" to overstate the performance of alternatives by around £5.1bn over a decade across Local Government Pension S...

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