West Yorkshire Pension Fund buys 25% stake in flood prevention investor

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The story "West Yorkshire Pension Fund buys 25% stake in flood prevention investor" was covered 16 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 16h ago

West Yorkshire Pension Fund buys 25% stake in flood prevention investor - Financial Times

Quick Summary:

Kalisperas said that WYPF’s role as a large in-house asset owner had helped it to make the Rebalance Earth investment because the team had been able to do all of the due diligence itself.

Chancellor Rachel Reeves has raised questions about the future of independent local government pension schemes such as West Yorkshire’s.

Reeves has announced a review, overseen by pensions minister Emma Reynolds, to look into how to merge the UK’s 86 separate local government pension schemes.