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LGPS investors approach high gilt yields with caution

With 30-year gilt yields climbing above 5.6% for the first time in decades, LGPS investors face a delicate balance between locking in higher returns and guarding against volatility.

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On Monday, something unusual happened in UK government bond markets when 30-year gilt yields climbed above 5.6%, the highest level in nearly 30 years

LGPS allocations to UK plc have been at the forefront of a growing debate with the government nudging the scheme to invest more in stocks at home.

(Left to right: James Beaumont, Piers Hillier and Mark Davies, credit: Mark Flynn)