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Are LGPS investors turning their backs on equities?

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With the equity market experiencing significant volatility in recent months, some LGPS funds have started to move away from the asset class. Are these merely tactical adjustments or is it part of a broader restructuring?

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Equities have had a turbulent time since the beginning of this year, with geopolitics, predominantly US policy, playing a major role. President Donald Trump’s

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)