Lambeth Pension Fund

Lambeth Pension Fund investments

18 November 2022

Your questions

  • the request relates to investments made by your pension scheme or organisation, or schemes administered by you, on behalf of members. 
  • where you manage pension funds on behalf of other local authorities/organisations, please include those.
  • where you are part of a pooled pension fund scheme administered by another entity, please provide any information you have on that fund's holdings.

Please provide the following:-

  • details of any liquidity (money market) funds your pension fund invests in, including the size of holdings and any income  from them in the past 24 months.
  • details of any direct investments made into entities containing the word “Qatar”. 
  • any available list of your pension fund's direct and indirect investments as of the most recent date for which data is available. 

Our response

  • see table below 
  • income of £0.074m – 24 months to August 2022
  • none – The London Borough of Lambeth Pension Fund does not make any direct investments
  • see table below

Lambeth Pension Fund Investment 31 March 2022

Asset Class

Fund Managers

31 March 2022

(£m)

LDI

Insight Investment Ltd

281.2

Global Equity

Baillie Gifford (LCIV)

285.8

Global Equity

RBC (LCIV)

310.2

Emerging Markets Equity

JP Morgan (LCIV)

171.9

Property

Invesco

124.3

UK Private Rented Sector Property

Invesco

45.9

SPV

PAAMCO

0.1

Private Equity

Adams Street

77.7

Multi-Assets Credit

CQS (LCIV)

234.2

Multi-Assets Credit

M & G

123.8

Private Debt

Churchill

46.2

Private Debt

Permira

33.6

Money Market Fund

Insight Investment Ltd

5

Cash

Custodian

104.4