The asset side of local government pension schemes’ (LGPS) balance sheets is in good health, according to the latest performance analytics data.
Data from 60 LGPS funds compiled by Pensions & Investment Research Consultants (PIRC) revealed a huge return from equities – the largest allocation within most portfolios - as the markets surged ahead despite shocks such as the US election and Brexit.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login