USS is the largest private pension scheme in the United Kingdom in terms of assets. Established in 1974, USS is the principal pension scheme for universities and higher education institutions in the UK.
Universities Superannuation Scheme (USS)
United Kingdom
$99
4.40
Carol Young, Simon Pilcher (USS Investment Management)
Simon Pilcher
Based on Investment Builder (DC fund) Growth fund
Kate Barker, Sarah Bates (USS Investment Management)
59.8% Public Equities
12% Infrastructure
4.2% Real Estate
3.7% Private Growth
4.9% UK Govt Bonds
9.9% Public Credit
5.5% Private Credit
Asset allocation as of March 31, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website
| Fund Name | Country | AUM ($B) | Articles | More Info |
|---|---|---|---|---|
Employees Retirement System of Texas | United States | $43 | 10 | View Info |
Canada Pension Plan Investments (CPPIB) | Canada | $572 | 98 | View Info |
Norges Bank Investment Management | Norway | $2,218 | 92 | View Info |





FIS Oxford 2025