At a ceremony held in London on Friday 29 November for the Local Government Chronicle Investment Awards, Local Pensions Partnership Investments was awarded Pool of the Year.
Our colleagues from the Client Management team, Nish Shrestha (left) and Joe Peach (right), were present at the ceremony to collect the trophy.
The feedback from the judges was also helpful. A summary version of their review is below:
- Local Pensions Partnership Investments have balanced the development of an FCA regulated business, having impressive staff and business continuity, with fund management cost savings and best in class investment returns performance.
- LPPI's submission was very clear, an enjoyable read, reflecting all of the award criteria, with relevant evidence included. The ‘innovations’, ‘ESG’, and ‘wider community’ criteria were very well covered.
- LPPI is a 'different' pool, with 100% of client fund assets pooled, it has a strong foundation to pooling, and provides attractive investments in a cost-effective manner, while meeting client funds' requirements.
- They have constructively collaborated with external pools, and presented some excellent investment examples where they jointly aim to generate social and environmental outcomes, and have strategic investments in UK projects.
In addition to the trophy, we received a gold certificate to commemorate the award.
The award win, and the judges' feedback, shows that the LGPS sector recognises the advantages of the LPPI pooling model, the team driving the investment management, and the strides we have made in our responsible stewardship and ESG integration practices.
We are truly grateful for the judges' decisions.
We also congratulate the other LGPS pool finalists. We are in great company, and part of a section of the pensions industry which is highly collegiate and collaborative.