1. Home
  2. Press
  3. Local authority funds urged…

Local authority funds urged to increase UK impact investment - The Good Economy, the Impact Investing Institute and Pensions for Purpose

Coverage from Pensions & Investments on the recent white paper looking at mobilising local government pension scheme (LGPS) and wider pension fund investment in place-based sectors across the UK.

Posted on May 28, 2021

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

...
...

Local authority pension funds should invest £16 billion ($22.5 billion) in impact opportunities to help the UK to "level up" and recover from the pandemic.

Research by the Place-Based Impact Investing Project — led by social advisory firm The Good Economy, the Impact Investing Institute and Pensions for Purpose — said just 5% of the £326 billion in local government pension schemes could be mobilized to make a difference.

To read more of this article please click on the button below.

Learn more here