West Midlands Metropolitan Pension

The West Midlands Pension Fund is one of the UK’s largest pension funds, managing and administering the pension interests of members and scheme employers. Steeped in local history; borne out of the West Midlands County Council, the Fund now works in partnership with all seven metropolitan district councils and over 800 participating employers who provide public services across the West Midlands region.

Country

United Kingdom

AUM

$28

Performance (%, 1YR)

1.60

Chief Executive

Rachel Brothwood

Chief Investment Officer

Paul Nevin

Chair

Councillor Milkinderpal Jaspal (Pensions Committee), Andrew Fenton(Local Pension Board)

Asset allocation

33.8% Developed market equity

4.6% Emerging market equity

6.4% Private equity

0% Opportunistic

6.8% Corporate bonds

3.4% Multi-asset credit

3.9% Emerging market debt

6.5% Liquid stable income

5% Private debt

4.8% Infrastructure

6.8% Property

4.5% Government bonds

13.4% Index-linked bonds

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