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Rethinking ‘local’ in place-based investment

(Left to right: Laura Colliss, NESPF, Bruno Farber, Ginko Advisor, Andrew Davey, CBRE, Iain Campbell, Hymans Robertson. Credit: Mark Flynn)

The introduction of the Pensions Bill and pool consolidation have triggered a rethinking of place-based investment among LGPS investors.

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The changes taking place within the LGPS have brought the issue of local place-based impact investment into sharper focus. “Place” is becoming increasingly contested.

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.