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Market volatility adds note of caution to positive LGPS valuations

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Volatile stock markets ahead of US president Trump’s ‘Liberation Day’ speech could weigh on asset price estimates for the LGPS triennial valuation.

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US stock markets dropped to their lowest levels this year in anticipation of further tariff announcements, adding to an unusually challenging investment environment for

For the best part of the past decade, three core beliefs underpinned UK policy making around pensions: funds should consolidate to improve professionalism, which in turn would lead to more in-house investment management which, by extension, would mean greater investments in UK productive assets.