Kempen
Barking & Dagenham's Pensions Committee is reviewing the underperformance of its pension fund, partly attributed to investment manager Kempen.
Barking & Dagenham's Pensions Committee is reviewing the underperformance of its pension fund, which fell short of its benchmark by 1.36% in the quarter ending June 2026. A report to the committee in September 2026 attributed this underperformance primarily to specific managers within the fund's actively managed equity portfolios, including investment manager Kempen.
Kempen is an investment management firm that manages actively managed equity portfolios for the pension fund. The fund's overall value increased to £1.82 billion during the quarter ending June 2026, with 62.06% of its assets allocated to equity.
Key facts
- A report to the Pensions Committee in September 2026 attributed the underperformance primarily to managers including Kempen. Source
- Barking & Dagenham Pension Fund underperformed its benchmark by 1.36% in the quarter ending June 2026. Source
- The Barking & Dagenham Pension Fund achieved a return of 7.28% during the quarter ending June 2026. Source
- The Barking & Dagenham Pension Fund's value increased to £1.82 billion during the quarter ending June 2026. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on, with background from Wikipedia. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.