ACCESS Pool transfers £7.4 billion into new sub-funds

15 February 2019

ACCESS Pool publishes on its website:

“The ACCESS LGPS Investment Pool transfers £7.4 billion into new sub-funds.

Link Fund Solutions Ltd has recently launched a further tranche of Sub-Funds to bring the ACCESS ACS Pooled investments total to £8.6 billion, with additional pooling achieved by consolidating its index tracking investments now valued at £10.1 billion.

Councillor Andrew Reid, Chairman of the ACCESS Joint Committee said “ACCESS continues to make significant progress with assets worth £18.7 billion pooled, meeting Government’s expectations and delivering cost savings.”

More sub-funds will be launched throughout the year facilitating a further significant move of assets to meet the Government’s objective of delivering reduced costs whilst maintaining overall investment performance.”

Continue reading by going to the source: Click Here