This is a new role, the first in the country of its kind; a Head of Investments across two local government pension funds. Buildingon our already successful partnership and strong working relationship, realising the synergies and the opportunities of our joint working.
The East Riding and North Yorkshire Pension Funds are two of the most highly performing local authority pension funds in the country. Investment returns have been exceptional and the funding level of both funds is therefore well above 100% in both cases. Total investments are valued at £9.1bn and the fund strategies are intended to maintain this healthy position.
Together, the two funds serve circa 500 employers and 209,000 members across the whole of the Humber region, York and North Yorkshire. Both Funds are members of the Border to Coast Pensions Partnership as part of investment pooling arrangements.
The Funds are administered by East Riding of Yorkshire Council and North Yorkshire County Council, who have a track record of good collaboration across a whole range of activities including pensions. We believe there are great synergies in working together under a shared Head of Investments so that the voices and interests of both Funds are well served.
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