UK ‘place-based impact investing’ initiative launches - The Good Economy, the Impact Investing Institute and Pensions for Purpose

An article from Responsible Investor, discussing the recent white paper on how to mobilise local government pension scheme (LGPS) and wider pension fund investment in place-based sectors across the UK.

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... A UK-government backed white paper has called on the £326bn Local Government Pension Scheme (LGPS) funds to allocate 5% to local investing after finding only a small fraction of UK pension money is invested directly in driving UK sustainable development.

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