Reform of UK pensions could create eight $63bn mega-funds
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Reform of UK pensions could create eight $63bn mega-funds

The UK Local Government Pension Scheme (LGPS) has around £391bn in AuM.

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The UK is proposing to create eight pension mega-funds with AuM of around £50bn ($63bn) each, UK chancellor of the exchequer Rachel Reeves will say in her first Mansion House Speech later today, according to a Financial Times report.

The...

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