Our funds

The Fund is benchmark agnostic, investing across global equity markets through a combination of internally managed and third-party managed investments. The Fund seeks to outperform the MSCI All Country World Index in GBP NDR over the full market cycle.

Launch date: 31 October 2016
Fund size: £11.76 billion (at 30 September 2024)
NAV price per unit: £19,364.863 (at 19 December 2024)
Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme

View the LPPI Global Equities Portfolio (internally-managed) factsheet

The Fund aims to deliver optimal long-term, risk-adjusted returns, capitalising on opportunities in the global fixed income market, with a strong focus on capital preservation. The majority of the portfolio will be invested in high credit quality, highly liquid fixed income instruments across geographies, instrument types and maturities.

Fund size: £949.58 million (at 30 September 2024)
NAV price per unit: £9,262.298 (at 19 December 2024)
Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme

The Infrastructure Investments fund seeks to gain cost effective, diversified exposure to global infrastructure assets, predominately in the UK, Europe and North America. It invests via primary infrastructure funds, co-investments and direct ownership in infrastructure assets.

Launch date: June 2017
Fund size: £2.72 billion (at 30 June 2024)
Structure: special purpose vehicle

The Credit Fund seeks to gain cost effective exposure to diverse sources of return linked to global credit markets and credit instruments. It seeks balanced exposure to the global credit market by investing in a variety of credit sectors including liquid, multi-credit, unconstrained emerging market debt, secured lending, direct lending and credit opportunities including distressed debt.

Fund size: £3.20 billion (at 30 June 2024)
Structure: special purpose vehicle
Launch date: September 2017

The Fund seeks to achieve long-term investment returns by investing in companies at various stages of the growth cycle (buyout, growth capital, special situations, distressed).

Fund size: £1.59 billion (at 30 June 2024)
Structure: special purpose vehicle
Launch date: March 2017

The sub-fund seeks a total return (comprising income and capital growth) exceeding that of the Consumer Prices Index by 3% to 5% each year measured over a rolling 10-year period net of all fees and expenses at portfolio level.

Launch date: 1 October 2019
Fund size: £1.61 billion (at 30 September 2024)
NAV price per unit: £9,045.11 (at 30 September 2024)
Structure: sub-fund of LPPI Real Estate ACS

We are here to help our pension fund clients:

Achieve their funding strategy goals through improved investment outcomes
Manage their assets and cash flows to meet future benefit payments
Invest sustainably