In brief
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August, 2020
Real estate assets hit record high
Posted by Nick Kempster in Report 0
Global real estate assets under management reached a record €3.2 trillion at the end of 2019, according to data from the Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV), European Association for Investors in Non-Listed Real Estate (INREV) and National Council of Real Estate Investment Fiduciaries (NCREIF), a 16% rise on the ...
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August, 2020
Brunel hires Macquarie for mandate transition management
Posted by Nick Kempster in Report 0
Brunel Pension Partnership, one of the eight investment pools for local authority pension schemes, has appointed Macquarie to provide transition management solutions for a series of upcoming mandates. Macquarie has developed a deep understanding of the pool’s unique requirements, designing innovative solutions to help their LGPS clients analyse, plan, ...
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August, 2020
LGPS cuts deficit
Posted by Nick Kempster in Report 0
The Local Government Pension Scheme (LGPS) increased its funding level to 98% in 2019, up from 85% three years earlier. The LGPS deficit stood at just £6 billion last year, compared with £37 billion in 2016, after generating a net investment return of 6.6%. That was higher than the 4.4% return recorded a year earlier. During the year, there was an ...
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August, 2020
Lothian commits to responsible investment principles
Posted by Nick Kempster in Report 0
Lothian Pension Fund has adopted a new statement of responsible investment principles, including targets to assess the carbon intensity of all assets by the end-2022 reporting cycle. The £8 billion local government pension scheme signed up to the six Principles for Responsible Investment (PRI), an organisation which supports and enables asset owners and ...
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August, 2020
Falling inflation could cost schemes £5 billion
Posted by Nick Kempster in Report 0
A prospective fall in inflation below zero could place an additional £5 billion in funding pressure on schemes, according to analysis by consultancy LCP. The firm has modelled the likely level of inflation over the coming months based on three economic scenarios – whether the economy is “stuck in the doldrums”, “steady as she goes” or enjoying ...
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August, 2020
Brunel hits carbon reduction goals
Posted by Nick Kempster in Report 0
Brunel Pensions Partnership has achieved its target to reduce the carbon intensity of its active portfolios by an annual 7% against their respective benchmarks. In its first responsible investment and stewardship outcome report, the local authority pool revealed that it had achieved its carbon reduction goal after developing a “five-point plan to build a ...
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