Local Authority Pension Fund Investment Since the Financial Crisis

Berry, CP and Barber, Adam (2017) Local Authority Pension Fund Investment Since the Financial Crisis. In: SPERI British Political Economy Briefs. UNSPECIFIED. Sheffield Political Economy Research Institute (SPERI).

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Abstract

In this Brief, the Sheffield Political Economy Research Institute (SPERI) presents evidence on asset allocations by local authority pension funds in the UK, based on annual data published by funds. It charts in particular the changes in investment patterns evident since the 2007/08 financial crisis, and the extent of moves towards ‘alternative’ investments such as infrastructure. This analysis will shortly be supplemented by a further Brief which assesses the strategic decision-making of local authority pension funds; that is, the rationale behind some of the changes documented in this Brief.