Local government Pension Scheme funds in England have outlined how they could invest more in transport and other infrastructure.
The Government wants the existing 89 local government funds in England and Wales to merge into six British Wealth Funds, each with assets of at least £25bn. It says this could cut their costs and make them “world leaders” in infrastructure investment (LTT 08 Jan). Local Government Pension Schemes (LGPS) funds currently have less than £2bn...
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