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London CIV closes multi-asset funds in portfolio revamp

London CIV has closed two of its multi-asset funds as the pool overhauls its fund offering.

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The London Pool, which manages the assets of 32 London Boroughs and the Buckinghamshire LGPS Fund has closed LCIV Real Return Fund and LCIV

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)