3rd December 2024: Work has been initiated to explore all options on how ACCESS responds to the new requirements. These options include building a new investment company.
The ACCESS Pool has this month appointed MJ Hudson, the specialist service provider to the asset management industry, as implementation advisor for the pooling of illiquid assets, including private equity, infrastructure, private debt and real estate.
Minerva Analytics will be helping ACCESS with a comprehensive review and revision of the pool’s responsible investment guidelines to ensure they capture the very latest thinking on Environmental Social and Governance (ESG), Stewardship and Climate Change issues.
ACCESS LGPS Investment Pool adds £5.5bn with the launch of seven new sub-funds
The assets invested by the constituent schemes brings the total ACCESS Pool assets under management to £31bn1
Seven externally managed funds invest in a range of global equities and bonds
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.
Link Fund Solutions have announced that they are working in partnership with Russell Investment Management to appoint a Global Equity Manager for the LGPS ACCESS Pool.
Essex County Council has been announced as the host authority for the ACCESS Support Unit (ASU). The ASU will be led by a Programme Director and will include a Contract Manager, technical leads and administration support.
Link Fund Solutions Ltd, the ACCESS pool operator, has received approval from the Financial Conduct Authority (FCA) for a global equity sub-fund for the pool.