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LGPS funds contribute £27m to natural capital strategy

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Two LGPS funds, East Riding and West Yorkshire Pension Fund, have contributed £27m of fresh equity capital to a  Foresight Natural Capital Ltd (FNC) fund.

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FNC’s portfolio mostly consists of afforestation (the planting of trees for new woodland creation) and established forestry assets. However, the pension fund money will

Several Reform-led councils are in talks to depart from the LGPS stewardship body LAPFF, following moves by two LGPS funds earlier this summer to break ties with the network.