Blogs from the Blackstuff
Blogs from the Blackstuff
Professor John Clancy and Professor David Bailey
Blogs from the Blackstuff
Blogs from the Blackstuff
Blogs from the Blackstuff
By Professor John Clancy and Professor David Bailey
October 24th 2025
£476 Billion:
UK's 97 Local Government Pension Funds - combined assets 2025
(update 24th October 2025)
In global asset terms this converts to $0.63 Trillion. If one combined fund, the UK LGPS would be
the 5th biggest pension fund in the world
on the latest TAI | P&I 300 ranking.
Also would be the 9th biggest Sovereign Asset Fund in the world in the Sovereign Wealth Fund Institute rankings.
Our projection on the 14th October 2025 was £475 Billion of assets.
After DHCLG publication of official statistics for England and Wales, the figure stands at £476B.
So we were pretty damn close!
Journalists wishing to embed these charts on their own websites should contact us at email@blogsfromtheblackstuff.com for the embedding code.
£476 Billion:
UK's 97 Local Government Pension Funds - combined assets 2025
(update 24th October 2025)
In global asset terms this converts to $0.63 Trillion. If one combined fund, the UK LGPS would be
the 5th biggest pension fund in the world
on the latest TAI | P&I 300 ranking.
Also would be the 9th biggest Sovereign Asset Fund in the world in the Sovereign Wealth Fund Institute rankings.
Our projection on the 14th October 2025 was £475 Billion of assets.
After DHCLG publication of official statistics for England and Wales, the figure stands at £476B.
So we were pretty damn close!
(update 24th October 2025)
In global asset terms this converts to $0.63 Trillion. If one combined fund, the UK LGPS would be
the 5th biggest pension fund in the world
on the latest TAI | P&I 300 ranking.
Also would be the 9th biggest Sovereign Asset Fund in the world in the Sovereign Wealth Fund Institute rankings.
Our projection on the 14th October 2025 was £475 Billion of assets.
After DHCLG publication of official statistics for England and Wales, the figure stands at £476B.
So we were pretty damn close!
(update 24th October 2025) In global asset terms this converts to $0.63 Trillion. If one combined fund, the UK LGPS would be
the 5th biggest pension fund in the world
on the latest TAI | P&I 300 ranking.
Also would be the 9th biggest Sovereign Asset Fund in the world in the Sovereign Wealth Fund Institute rankings.Our projection on the 14th October 2025 was £475 Billion of assets.
After DHCLG publication of official statistics for England and Wales, the figure stands at £476B.
So we were pretty damn close!
Journalists wishing to embed these charts on their own websites should contact us at email@blogsfromtheblackstuff.com for the embedding code.
John Clancy and David Bailey