LGPS, investment pools back strategic framework based on place-based investing | News

The UK local government pension schemes (LGPS) and their investment pools are advocating for a strategic framework based on place-based investing.

In response to UK government calls to invest in Britain, LGPS and their pools have come together by sponsoring a report by impact advisory firm The Good Economy – Scaling-up local investing for place-based impact: A strategic framework and guidance for LGPS – which examines how the sector can balance place-based investing to support locally-defined priorities while balancing fiduciary duty.

The guidance has been developed collaboratively with the support of seven LGPS pools representing nearly all administering authorities in England and Wales, which came together recognising the need for…

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