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KICK-STARTING GROWTH: POOLED LOCAL AUTHORITY PENSION FUND ASSETS In March 2011, UK local authority pension funds had assets of £182 billion.28 There are more than 105 funds, ranging in size from Strathclyde (£11.2 billion) to Dundee (£46 million). Their assets are conventionally invested in a mixture of UK and International equities (60%), fixed income (19%), real estate (8%), alternatives such as private equity, hedge funds and infrastructure (7%) and ‘other’, which includes cash, currency and commodities (7%).

Derwenthorpe, York © RIBA

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Future Homes Commission Report  

Future Homes Commission Report

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