LPP's in-house FCA regulated investment team has a deep understanding of LGPS and wider pension scheme funding issues. They use that knowledge to deliver investment vehicles and advice to help pension funds achieve returns to meet their needs now and into the future.
Our liquid pooled funds are structured under an authorised contractual scheme. Illiquid assets such as property and infrastructure are jointly managed through special purpose vehicles.
LPPI Asset Pooling Authorised Contractual Scheme Annual and Interim Reports & Financial Statements:
period ending 31 Mar
period ending 30 Sep
|2018-19||view document||view document|
|2017-18||view document||view document|
Partner funds can invest in the pooled vehicles listed below or take advantage of a number of advisory services.
We are committed to responsible investment and engagement. We address environmental, social, and governance (ESG) issues in our investment strategy, and integrate these concepts into our day-to-day activities. The investment team includes a responsible investing manager who reports quarterly through our stewardship committee. We expect any third-party managers we use to understand and support our policies as part of their core approach.
Learn more about our approach to responsible investing and shareholder engagement:
- LPP responsible investment policy
- LPP responsible investment policy - annex on Climate Change
- LPP responsible investment policy - annex on Controversial Weapons
- Climate Change Disclosure: TCFD Report
- Shareholder voting policy
- Voting reports
- 2019 Q3
- 2019 Q2
- 2019 Q1
- 2018 Q4
- 2018 Q3
- 2018 Q2
- 2018 Q1
- 2017 Q4
- 2017 Q3
- 2017 Q2
- 2017 Q1
Shareholder Rights Directive (Asset Managers and Insurers) Instrument 2019
At the end of May 2019 the Financial Conduct Authority (FCA) published Policy Statement 19/3 "Proposals to promote shareholder engagement: Feedback to CP19/7 and final rules' under which new requirements were confirmed for asset managers to make disclosures relating to their shareholder engagement policies. The new requirements quickly came into force (from 10 June 2019) under Shareholder Rights Directive (Asset Managers and Insurers) Instrument 2019 which implements the provisions of the revised Shareholder Rights Directive (SRD II).
LPP will develop and publish a formal policy statement outlining our approach to engagement and will disclose annually on activities under this policy in due course. In line with the FCA's observation that firms may wish to provide their SRD II disclosures in the same document as their reporting under the (revised) Stewardship Code, LPP intends to address new disclosure requirements under SRD II within the expanded disclosures we will make to comply with the provisions of a (revised) UK Stewardship Code due to be finalised later in 2019.
Interested in learning more about how your fund can invest?
Please email us on Communications@localpensionspartnership.org.uk
Want to make a complaint?
LPP I Complaints Handling Policy
Head of Compliance
Local Pensions Partnership Investments Ltd