Birmingham set to benefit as major pension funds back regional investment drive

Birmingham set to benefit as major pension funds back regional investment drive

Birmingham is set to gain from a major national investment initiative as some of the UK’s largest pension funds join forces to back regional growth projects.

LGPS Central flies high with airport infrastructure investment

The £45bn Midlands-based pool LGPS Central, with investment from two of its partner funds: West Midlands Pension Fund and Cheshire Pension Fund, has embarked on a co-investment across key UK regional airports. The co-investment is also partnered with Macquarie Asset Management and includes investment in Birmingham, Bristol and London City Airports. The pool said this reinforces the importance of “long-term, responsible capital in supporting UK i…