BUSINESS

Authorities back £1bn infrastructure fund

Two local authority pension schemes have backed a new £1bn infrastructure investment fund.

By Jamie Hailstone | 15 March 2016

Two local authority pension schemes have backed a new £1bn infrastructure investment fund.

The Strathclyde and West Midlands pension funds were revealed last week as two of the founding members for the Pensions Infrastructure Platform's (PiP) Multi-Strategy Infrastructure Fund, which aims to invest £1bn in British infrastructure projects.

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Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Turning challenges into opportunities
  4. Frugal authorities may be left exposed to more cuts
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