Wales Pension Partnership Pools £25bn of Assets in New Investment Company

Wales Pension Partnership Pools £25bn of Assets in New Investment Company

The Wales Pension Partnership (WPP) is launching a new investment company which pools £25 billion of assets. The WPP is being transformed so that the Local Government Pension Scheme (LGPS) pool, which will consolidate the assets of 22 local authorities’ schemes representing 412,000 members, will be the biggest pension fund in Welsh history. The UK Government said that by setting up this investment company in Wales, the investment decisions the f…

Go your own way: how Wales is forging its path on LGPS reform

In an interview with Room151, Anthony Parnell explains how the Wales Pension Partnership is setting up its own investment management company and why merging

Wales Pension Partnership is transforming itself into a group of 22 local authorities, launching an entity with £25 billion.