Greater Manchester Pension Fund
The Greater Manchester Pension Fund is a pension fund for employees of various institutions in Greater Manchester, United Kingdom. It is run by Tameside Metropolitan Borough Council and follows the rules of the Local Government Pension Scheme
With £23 billion in assets as of 2018., it is the largest local authority pension scheme in the UK and 9th largest pension fund in the UK overall.Employers included in GMPF
Participating employers include:
It includes the Greater Manchester Property Venture Fund, which invests in properties including One St Peter's Square, The Soapworks in Salford Quays and housing managed by Places for People. Most investments are in Stock Market shares and securities. Greater Manchester Pension Fund has one of the highest proportions among UK Pension Funds invested in fossil fuel stocks and is the subject of a divestment campaign,.