Isio appointed investment adviser to NILGOSC
Isio has been appointed as investment adviser to the Northern Ireland Local Government Pension Officers’ Superannuation Committee (NILGOSC), following a rigorous selection process conducted through the National LGPS framework.
The appointment will see Isio provide independent investment advice to one of the UK’s largest Local Government Pension Schemes (LGPS) and reinforces Isio’s growing position in the LGPS marketplace, particularly in advising both pooling and non-pool LGPS funds.
NILGOSC’s decision comes at a time when many public sector schemes are facing heightened market uncertainty and increased pressure on employer budgets. Isio’s role will focus on supporting the Scheme to maintain strong long-term investment performance and cost efficiency.
Louise Hickland, Head of Investment Services at the NILGOSC, commented: “Following our recent procurement exercise NILGOSC is pleased to appoint Isio as its Investment Advisor. At a time of volatile investment markets and stretched public sector budgets, Isio will play a key role in helping us maintain our investment performance so that we can preserve our surplus and ensure our employer contribution rates are economical.”
Andrew Singh, Partner and Head of Public Sector Investment Advisory at Isio, added: “We are excited to start working with NILGOSC. Advising both pooling and non-pooled LGPS funds on investment strategy is a huge and growing area of strength for Isio, and we’re focussed on delivering independent, practical advice that supports long-term performance and achieves the Fund’s objectives.”
