UK pension pool appoints Link as operator

collective_investmentThe 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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