We are delighted to announce that USS Investment Management Limited (USSIM) has joined FMSB as a Full Member. Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK. It is one of the largest pension schemes in the UK, with total assets of around £75.5bn (at 31 March 2023). USSIM is the principal investment manager and adviser to the scheme, looking after the investment and management of the scheme’s assets.
Myles McGuinness, FMSB CEO said: “We are delighted to welcome USSIM as FMSB’s first pension fund member and we look forward to their contributions and insights to our various workstreams.”
Simon Pilcher, USSIM CEO said: “I have followed the work of FMSB since its inception and am pleased that USSIM can sit together with asset managers, corporates, banks and infrastructure providers in the pursuit of fairer and more effective financial markets.”