{"id":212953,"date":"2025-10-20T10:53:10","date_gmt":"2025-10-20T10:53:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/212953\/"},"modified":"2025-10-20T10:53:10","modified_gmt":"2025-10-20T10:53:10","slug":"lg-announces-2bn-uk-investment-as-pension-funds-sign-up-to-sterling-20","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/212953\/","title":{"rendered":"L&G announces \u00a32bn UK investment as pension funds sign up to ‘Sterling 20’"},"content":{"rendered":"

The government has launched the \u2018Sterling 20\u2019 initiative, backed by the country\u2019s largest pension funds, in a bid to coordinate greater backing for investment into the UK\u2019s regions and infrastructure.<\/p>\n

The announcement comes ahead of the first-ever Regional Investment Summit in Birmingham on Tuesday, where the Sterling 20 group will meet to identify key infrastructure projects across the UK.<\/p>\n

Some of the UK\u2019s largest fund managers, including L&G, Royal London and Aviva, have backed the initiative, with L&G saying it would invest \u00a32bn in impact projects over the next five years.<\/p>\n

See also: Tritax Big Box buys \u00a31bn logistics portfolio from Blackstone<\/a><\/p>\n

Meanwhile, Royal London Asset Management has targeted a \u00a31bn investment in the UK\u2019s healthcare and housing sectors.<\/p>\n

\u201cOur country\u2019s pension funds are some of the biggest in the world. When they invest in Britain, everyone benefits \u2013 from the construction worker on site, to the small business on the high street, to the saver seeing their pension grow,\u201d said chancellor Rachel Reeves.<\/p>\n

\u201cSterling 20 shows what can be achieved when we all pull in the same direction to build a stronger economy that works for, and rewards, working people.\u201d \u00a0<\/p>\n

Hans Georgeson, CEO at Royal London Asset Management, added: \u201cOur investment strategy is shaped by our role as a modern mutual, focused on delivering long-term value for our members and the communities we serve.<\/p>\n

\u201cOur landmark infrastructure schemes include Atlantic Park in Bootle, where future occupiers will benefit from Freeport status, boosting trade and investment, while the launch of our Healthcare REIT enables us to meet the evolving needs of our aging population by providing care homes across the UK.<\/p>\n

\u00a0\u201cWe are actively supporting the growth of the UK\u2019s life science and agricultural sectors, fostering innovation whilst providing food for the country and employment opportunities. These investments reflect our belief in doing the right thing for the long-term \u2013 building infrastructure that strengthens the UK\u2019s future.\u201d<\/p>\n

Read more on UK equities in the Portfolio Adviser magazine<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The government has launched the \u2018Sterling 20\u2019 initiative, backed by the country\u2019s largest pension funds, in a bid…\n","protected":false},"author":2,"featured_media":212954,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,80,57,58,465,11997,50,12064,4178,1445,56,54,55],"class_list":{"0":"post-212953","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-kingdom","8":"tag-gb","9":"tag-government","10":"tag-great-britain","11":"tag-greatbritain","12":"tag-investment","13":"tag-lg","14":"tag-news","15":"tag-pension-funds","16":"tag-pensions","17":"tag-rachel-reeves","18":"tag-uk","19":"tag-united-kingdom","20":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/212953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=212953"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/212953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/212954"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=212953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=212953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=212953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}