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London CIV to overhaul equity fund range

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London CIV is set to overhaul its equity fund offering with plans to launch a new multi-manager Global Core Equity fund to act as a one-stop shop for its partner funds.

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London CIV, which as of December 2025 managed close to £21bn in pooled fund vehicles, is planning a significant overhaul of its equity fund

An increase in assets and improving funding levels paint a positive picture for the LGPS, but changes to contribution rates, valuation assumptions and costs reveal a more complex financial outlook.