The internally managed equity portfolio represents about 40% of the LPPI Global Equities Fund. This internal mandate focuses on large cap companies which we hold long-term. The fund, which was launched in August 2014, is managed internally by LPP’s investment arm - LPP Investments - and has reached an impressive milestone with the publication of its five-year performance record to 31 August 2019. The £2.97bn global equity portfolio delivered a cumulative total return of 135.9%, versus 83.4% for the MSCI World Index over the  five years from inception to its fifth anniversary. 

Past performance is no indication of future returns

* The internal global equities fund was originally founded by the London Pensions Fund Authority and was transferred into the LPPI asset pooling ACS on 31 October 2016.