Greater Manchester Pension Fund

The Greater Manchester Pension Fund (GMPF) is the pension scheme for the ten local authorities in Greater Manchester and a host of other affiliated bodies, such as schools, colleges and charities. On 31 March 2020, the total Fund value was £22,034 million. Of this total £21,089 million was held in the Main Fund whilst £945 million was held in the Designated Fund, all of which was invested across a broad spread of assets. GMPF is part of the Northern LGPS pool.

Asset allocation

Benchmark asset allocation as of 31 March 2020 was as follows: Public Equity (49.8%), Bonds/Cash (24.2%), Property (10%), Alternative Investments (16%). 77.5% of the main fund is managed eternally, while the remainder is managed in-house.

49.8% Public Equity

24.2% Bonds/Cash

10% Property

16% Alternative Investments

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of March 31, 2020. All information is as per the most recent annual report or other publicly available data via the fund's website