growth assets
Pension funds are adjusting investment strategies, reallocating funds from growth assets to manage risk and align with improved funding levels.
Barnet Pension Fund reallocated £75 million from equities, which are growth assets, into government index-linked bonds in September 2026 as part of a de-risking strategy for the Middlesex University portion of its fund. This move aimed to reduce volatility and secure assets, contributing to a substantial increase in net returns on investments.
Brent Pension Fund is also shifting its investment strategy, reducing exposure to growth assets and increasing protection assets, following a 2025 actuarial valuation that showed its funding level rose to 113%. This change, discussed in March 2026, aims to align investments with the improved financial health and address concerns like inflation.
The Lewisham Pension Board is scheduled to discuss a range of financial and operational matters concerning the Lewisham Pension Fund in June 2026. Growth assets are investments like equities or shares that have the potential for significant capital appreciation over time.
Key facts
- Barnet Pension Fund reallocated £75 million from equities into government index-linked bonds in September 2026. Source
- Brent Pension Fund's valuation reached just under £1.5 billion at the end of the first quarter of 2026. Source
- Brent Pension Fund's funding level rose to 113% as of its March 2025 triennial actuarial valuation. Source
- Brent Pension Fund's employer contribution rates are projected to cut from 30.5% to 23% from April 2026. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. 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.