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West Midlands Pension Fund sets local investment target

One of the largest LGPS funds in the country is confirming its place-based commitments amid a wider discussion on the changing nature of pooling.

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Local investment plans at the £21bn West Midlands Pension Fund were put under the spotlight at Wednesday’s City of Wolverhampton Council Pension Board meeting.

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)