ROUND-UP
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June, 2021
Wales PP partners with Russell for carbon reduction goals
The Wales Pension Partnership has established a new decarbonisation initiative across the £2.5 billion of its global equity assets managed by Russell Investments. The investment pool’s global equity mandate will achieve a target reduction of 25% in both its carbon footprint and fossil fuel reserves exposure relative to its benchmark. The portfolio ...
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June, 2021
Invesco unveils China healthcare vehicle
Invesco has launched its first China Healthcare Equity Fund, focusing on mid-cap stocks with sustainable growth potential. The fund aims to deliver long-term capital growth by investing primarily in a concentrated portfolio of Chinese healthcare companies. Those companies will mainly be listed on the Shanghai or Shenzhen Stock Exchanges and traded via ...
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June, 2021
LGPS Central unveils multi-asset credit strategy
LGPS Central has launched a £680 million multi-asset credit fund, with initial investors including Cheshire Pension Fund and West Midlands Pension Fund. The two fund managers, selected from over 80 who expressed an initial interest in tendering for the mandate, are BMO Global Asset Management and Western Asset Management Company Limited, with each fund ...
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June, 2021
London CIV adds to private markets range
London CIV has launched a private debt and an infrastructure fund, boosting its private market range. Collectively, the funds have been seeded with £725 million, comprising investments from eight of London CIV’s client funds. The LCIV Renewable Infrastructure Fund has an open-ended structure and will focus on renewable energy infrastructure assets by ...
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June, 2021
LPFA pledges £50 million to social London fund
The London Pension Fund Authority has committed a further £50 million to the London Fund, bringing total investment capital to £150 million. The commitment came as the fund made its debut investment in Delancey and Oxford Residential’s DOOR SLP build-to-rent housing platform to support the development of new quality housing stock for London. DOOR ...
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June, 2021
Brunel initiates private debt strategy
Brunel Pension Partnership has launched a £945 million private debt portfolio, targeting corporate direct lending strategies in Europe and North America. The pensions pool has partnered with Aksia, a specialist research and advisory firm, in the hope of pushing the boundaries of responsible investment in direct lending. The objective is to build a ...
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April, 2021
Federated Hermes unveils global ESG equity fund
Federated Hermes has launched a new Sustainable Global Equity Fund, the first of a new sustainable suite of products being developed. The new fund will be managed by Martin Todd, who will work alongside head of impact and sustainable investing, Ingrid Kukuljan, and will be available to investors in the second quarter of 2021. The Sustainable Global Equity ...
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April, 2021
ACCESS expands fund range
Link Fund Solutions has launched seven new sub-funds on behalf of the ACCESS, adding £5.5 billion to the LGPS pool. The transfer of assets to the range of global and equity externally-managed sub-funds brings the total pooled assets under management within ACCESS to £31 billion, with £20.4 billion managed actively within the LFS Authorised ...
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April, 2021
Border to Coast allocates to private equity
Border to Coast has committed over £370 million in five new private equity funds as it continues to provide new investment opportunities for its local government pension scheme partners. The five new investments form part of its second private equity offering, which received £485 million of commitments from eight of its 11 partner funds in April 2020 ...
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April, 2021
Border to Coast makes first co-investment in infrastructure
Border to Coast Pensions Partnership has committed £540 million to six new infrastructure funds, including its first co-investment. The six new investments are part of its second infrastructure offering, which received £760 million of commitments from 10 of its partner funds in April 2020 – 70% of which is now committed. Since launch, Border to ...
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