Oct 07 2024 20 mins 1
Real assets are increasingly on the agenda for UK local government pension schemes, as they offer stable returns.
Social infrastructure has been a rising investment focus due to impact it has on the local community and members of the scheme.
Lisa Botter, Editor of IJInvestor (a service of IJGlobal, which is a Green Street company), speaks with Jack Burnham, head of affordable housing at Octopus Investments, which recently did a survey on the subject.
In a survey of 27 LGPS, Octopus Investments and its research partner found that schemes are familiar with and are investing in a range of social infrastructure themes, but investment returns outweigh impact.
Despite the interest from schemes, it is up to social infrastructure managers to prove their social and climate credentials to prevent greenwashing and so-called, social washing.
