The UK’s Local Government Pension Scheme Access Pool – made up of the combined pension schemes of 11 public authorities in southern, central and eastern England – has appointed Link Fund Solutions to provide pooled operator services.
The appointment follows a procurement process co-ordinated by Kent County Council.
Link will be responsible for establishing and operating an authorised contractual scheme along with the creation of investment sub-funds, and the appointment of investment managers to those sub-funds.
As at March 2017 the Access Pool had combined assets in the region of £41 billion (€46.7 billion), all of which are currently managed by third parties.
The contract is for five years with an option to extend for a further period of up to two years.
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