ASSET CLASSES The LPFA Board is responsible for setting the Strategic Asset Allocation (SAA), which is outlined in the Investment Strategy Statement. The SAA specifies targets for how much of the Fund is to be invested across eight different asset classes. It also specifies tolerance ranges around these targets, within which LPPI are expected to operate. Each asset class has its own investment objective, and within each asset class there are a number of constraints to ensure diversification within the asset class. These include limits on the amounts that can be invested within a single sector, country, manager, and single asset. The asset classes in which the Fund invests are outlined below. The Fund’s cash is invested through the Group Investment Syndicate, which is managed by the Greater London Authority. The majority of other assets are invested through LPPI. More information is available on the investment management pages on the LPP website. CASH CREDIT DIVERSIFYING STRATEGIES FIXED INCOME INFRASTRUCTURE PRIVATE EQUITY PUBLIC EQUITY REAL ESTATE Contact us LPFA 2nd Floor 169 Union Street London SE1 0LL Useful Links For members For employers News & events Working for us Top 5 Downloads Responsible Investment Policy 2019 Valuation Report Annual Report 2019/20 Q1 2021 Board Report Investment Strategy Statement © LPFA 2021. All rights reserved. Privacy policy Cookies Accessibility Investment disclaimer We use cookies to enhance your website experience and to allow us to customise the content you see. Advanced settings Accept all