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London CIV recruits chief of staff

The London Collective Investment Vehicle has appointed Kristina Ingate as chief of staff. Ingate has worked as an interim governance and company secretary since 2009, serving at organisations including the housing associations Peabody and Metropolitan Housing Partnership, as well as the British Council and Highways England. Mark Hyde-Harrison, LCIV chief executive, said: “Kristina’s extensive governance experience is a valuable addition as we enhance our relationship with our members and stakeholders, and continue to deliver investment opportunities and greater cost efficiencies.” Last week, the LGPS pool launched a new fund, the LCIV RBC Sustainable Equity Fund, managed by RBC Global Asset Management (UK) Ltd and seed funded by the London Borough of Merton pension scheme.

Volatile stock markets ahead of US president Trump’s ‘Liberation Day’ speech could weigh on asset price estimates for the LGPS triennial valuation.

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