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London Councils

Over the coming twelve months, London Councils will be working with and on behalf of London’s local authorities to deliver the first ever UK public sector collective investment vehicle (CIV). Through this, the 33 London local government pension funds will be able to collaboratively invest in a range of asset classes, with the aim of reducing overall administrative costs and driving up fund performance. This programme is the culmination of consideration by our Leaders’ Committee over the last two years. The latest report, which went to Leaders’ Committee at the beginning of February, can be found here: http://www.londoncouncils.gov.uk/committees/agenda.htm?pk_agenda_items=5562

 

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