Our funds
We invest across a range of asset classes for maximum diversification
LPPI Global Equities Fund
The Fund is benchmark agnostic, seeking to achieve long term capital growth predominantly through investment in global equity markets. The Fund invests through a combination of internally managed and third-party managed investments.
Reference benchmark: MSCI All Country World Index in GBP NDR
- Launch date: 31 October 2016
- Fund size: £11.73 billion (at 30 June 2026)
- NAV price per unit: £20,995.198 (at 13 Aug 2026)
- Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme
LPPI High Alpha Global Equities Fund
The Fund seeks to achieve capital growth over a time horizon of 5 years, predominantly through investment in developed global equity markets. The Fund invests through third-party managed investments.
Reference benchmark: MSCI World Index in GBP NDR
- Launch date: 1 April 2026
- Fund size: £3.06 billion (at 30 June 2026)
- NAV price per unit: £11,385.318 (at 13 Aug 2026)
- Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme
LPPI Global Equities Fund II
The Fund seeks to achieve capital growth over a time horizon of 5 years, predominantly through investment in global equity markets. The Fund invests through third-party managed investments.
Reference benchmark: MSCI All Country World Index in GBP NDR
- Launch date: 1 April 2026
- Fund size: £2.84 billion (at 30 June 2026)
- NAV price per unit: £11,202.333 (at 13 Aug 2026)
- Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme
LPPI Smaller Companies Equities Fund
The Fund seeks to achieve capital growth over a time horizon of 5 years, predominantly through investment in developed global equity markets. Exposure is focused on smaller companies which are considered to exhibit higher risk than larger companies. The Fund invests through third-party managed investments.
Reference benchmark: MSCI World Small Cap Index in GBP NDR
- Launch date: 1 April 2026
- Fund size: £939.71 million (at 30 June 2026)
- NAV price per unit: £11,332.610 (at 13 Aug 2026)
- Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme
LPPI Low Volatility Global Equities Fund
The Fund seeks to achieve capital growth over a time horizon of 5 years, predominantly through investment in global equity markets. The Fund seeks to moderate price movements relative to global equity markets. The Fund invests through third-party managed investments.
Reference benchmark: MSCI All Country World Index in GBP NDR
- Launch date: 1 April 2026
- Fund size: £567.06 million (at 30 June 2026)
- NAV price per unit: £11,036.555 (at 13 Aug 2026)
- Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme
LPPI Fixed Income Fund
The Fund aims to deliver optimal long-term, risk-adjusted returns, capitalising on opportunities in the global fixed income market, with a strong focus on capital preservation. The majority of the portfolio will be invested in high credit quality, highly liquid fixed income instruments across geographies, instrument types and maturities.
- Launch date: 28 February 2018
- Fund size: £1.31 billion (at 30 June 2026)
- NAV price per unit: £9,216.048 (at 13 Aug 2026)
- Structure: sub-fund of LPPI Asset Pooling Authorised Contractual Scheme
LPPI Infrastructure Investments
The Infrastructure Investments fund seeks to gain cost effective, diversified exposure to global infrastructure assets, predominately in the UK, Europe and North America. It invests via primary infrastructure funds, co-investments and direct ownership in infrastructure assets.
- Fund size: £2.97 billion (at 31 March 2026)
- Structure: special purpose vehicle
- Launch date: June 2017
LPPI Credit Investments
The Credit Fund seeks to gain cost effective exposure to diverse sources of return linked to global credit markets and credit instruments. It seeks balanced exposure to the global credit market by investing in a variety of credit sectors including liquid, multi-credit, unconstrained emerging market debt, secured lending, direct lending and credit opportunities including distressed debt.
- Fund size: £4.23 billion (at 31 March 2026)
- Structure: special purpose vehicle
- Launch date: September 2017
LPPI Private Equity Funds
The Funds seek to achieve long-term investment returns by investing in companies at various stages of the growth cycle (buyout, growth capital, special situations, distressed).
- Total size: £1.39 billion (at 31 March 2026)
- Structure: special purpose vehicle
- Launch date: March 2017
LPPI Real Estate Fund
The sub-fund seeks a total return (comprising income and capital growth) exceeding that of the Consumer Prices Index by 3% to 5% each year measured over a rolling 10-year period net of all fees and expenses at portfolio level.
- Fund size: £1.93 billion (at 30 June 2026)
- NAV price per unit: £9,523.720 (at 30 June 2026)
- Structure: sub-fund of LPPI Real Estate ACS
- Launch date: 1 October 2019