Local Pensions Partnership Investments

We are so proud and a little overwhelmed by the Pool of the Year win last week at #LGCInvestmentAwards. We send our thanks to the judges as well as the Local Government Chronicle team for a truly wonderful event. Today we also received some kind feedback from the judges based on their comments during the judging process, and summarised here: ✔ LPPI has balanced the development of an FCA regulated business, having impressive staff and business continuity, with fund management cost savings and best in class investment returns performance. ✔ LPPI is a 'different' pool, with 100% of client fund assets pooled, it has a strong foundation to pooling, and provides attractive investments in a cost-effective manner, while meeting client funds' requirements. ✔ The awards submission was very clear, an enjoyable read, reflecting all of the award criteria, with relevant evidence included. The ‘innovations’, ‘#ESG’, and ‘wider community’ criteria were very well covered. ✔ LPPI has constructively collaborated with external pools, and presented some excellent investment examples where they jointly aim to generate social and environmental outcomes, and have strategic investments in UK projects. #LGPS #Pensions #WholeSchemeManagement #PoolOfTheYear #ESGInvesting #SustainableInvesting #InvestmentAwards Joseph Peach Nish Shrestha Matthew Graham Chris Rule Richard J. Tomlinson Sean Greene APMI Jo Thistlewood (she, her) London Pensions Fund Authority

At LPPI, our goal is simple: to drive the right outcomes for our clients. We know that working together can deliver great things, so we make sure to collaborate and encourage each other to stay ahead in the market. Ready for your next challenge? Learn more: https://ow.ly/VnSc50UgPQq

Today we supported London Pensions Fund Authority as they held their annual Members' Forum. It was a packed day of bringing pension beneficiaries up to speed with how their pension is being managed and invested. Our CIO, Richard J Tomlinson offered some great insight into the portfolio and below is a 60 second summary... 👉 Looking back: ✔️ The LPFA has saved more than £100m in investment management fees cumulatively since pooling into LPPI. ✔️ Falling interest rates and inflation have been two key themes over 2024. ✔️ Investment markets have seen stable growth over the year, with global equity headlines again dominated by the large US technology stocks. 👉 Looking forward, the main themes are: ✔️ The UK's new Chancellor launched a pensions review shortly after taking office. ✔️ US President Trump is back. ✔️ Diversification is still the prudent approach to investing, providing portfolio resilience. Thanks to everyone who came along - the turnout at these forums is impressive and we love answering your questions. #LGPS #Pensions #InvestmentManagement #InvestmentStrategy #PortfolioManagement #SustainableInvesting #EconomicTrends Richard J. Tomlinson Matthew Graham Joseph Peach Nish Shrestha Alistair P.

Richard J. Tomlinson, CIO at Local Pensions Partnership Investments (LPPI), argues that the LGPS can be an engine for economic growth in the UK. But to do so, the government must deliver a step change in policy. Richard will be speaking at our Investment Forum on 5 November. More details about the event can be found here. https://lnkd.in/gehGpWQD https://lnkd.in/gB3za-8u

Let’s create better futures together. Join us and you’ll enjoy exposure to complex and interesting work, alongside expert colleagues who are always ready to share their knowledge and experience. Meet some of them in this short film where you can find out more about the benefits of working here. Learn more: https://ow.ly/ratC50Uhusi #LGPS #Pensions #CareerGrowth #WorkTogether #CollaborativeCulture #ProfessionalDevelopment #CompanyCulture #WorkplaceWellbeing #Teamwork

We won! GLIL and Bluefield Solar Income Fund (BSIF) are the proud winners of the Joint Venture Acquisition of the Year award at the IJGlobal #IJInvestorAwards2024 held this evening at The Savoy, London. For GLIL, the joint venture has allowed the fund to use capital to acquire a significant portfolio of high quality operational solar assets for the benefit of its members as well as being able to participate in future development work with one of the most experienced operators in the UK market. For BSIF, the joint venture has enabled the company to maximise the value of its #developmentpipeline, build out a new vehicle in #LyceumSolar, whilst finding an investor in GLIL that shares the same long-term commitment to the #decarbonisation of the #UKenergy markets. This #partnership offers enormous benefits for the UK’s #renewableenergy ambitions. By working together as proactive partners, GLIL and BSIF can drive construction into solar energy in ways that would not otherwise have been possible. Read about Phase 2 of the venture: https://ow.ly/TVQF50UhEah #LGPS #Pensions #RenewableEnergy #SustainableInvestment #NetZero #EnergyTransition #SolarPower #UKSolar

We're #hiring a new Data Governance Manager in Greater London, England. Apply today or share this post with your network.

Our CIO Richard J Tomlinson joined a power panel at DG Publishing's Private & Public Pensions Summit to look at some of the key macro and political drivers that might determine the investment outlook over the short and medium term, such as: ✔ What does the Budget and the Government’s economic policy mean for pension fund investment? ✔ How will international events such as the US election and the various geopolitical crises impact economic developments? Thanks to DG for organising and inviting us. #PensionFunds #InvestmentOutlook #GeopoliticalRisk #MacroEconomics #InvestmentStrategy #LGPS #CIOPanel Institute For Fiscal Studies Richard J. Tomlinson Matthew Graham Hymans Robertson

Well done Frances Deakin for a very practical and pragmatic solution to the problem. #responsibleinvestment #assetowners #activestewardship #LGPS #pensions

On Monday, our CIO, Richard J Tomlinson, joined a CIO panel at PGIM 's EMEA Investor Forum to debate the three big themes of the day: 👍 Navigating geopolitical and macro environment 👍 Perspectives on balancing liquidity/where does alts play a role? 👍 Capital allocation – geographic vs asset class Richard's key take-aways from the discussion: 👌 On navigating geopolitical and macro environment, Richard highlighted that LPPI had used war gaming approaches to try and better plan for future geopolitical stresses. And then help build "muscle memory" for what the investment team might do in different scenarios - "I think picking winners based on geopolitics is hard and we're not keen to do it but playing defence is more appropriate, avoiding things that you don't like the risk/reward of". 👌 On capital allocation, Richard outlined that "over recent decades most of the world played nice, you could buy most assets and they all pretty much went up. It feels more difficult now, more dispersion and there are some combinations of region/asset class that are now very unattractive due to elevated risk considerations". #Pensions #LGPS #CIOPanel #CapitalAllocation #GeopoliticalRisk #LiquidityManagement #InvestmentStrategy #MacroEnvironment #EMEAInvestorForum