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The Good Economy

Greater Manchester Pension Fund (GMPF) adopts a place-based impact investment approach that intentionally seeks to deliver both commercial returns and positive local impact in the North West of England, particularly Greater Manchester, through its local investment portfolio.

While financial returns can be measured relatively easily, the positive impact that has been achieved can be a little more difficult to measure. The Good Economy are a respected Impact Advisor, producing Impact Reports for some of GMPF’s Local Investment Fund Managers and other LGPS Funds. This is the third annual report showing the impact achieved in our Local Investment Portfolios. 

The report concludes that ‘GMPF has a balanced local investment portfolio across asset classes enabling it to contribute towards job creation, local economic activity and sustainable development in Greater Manchester and the wider region’. 

The Good Economy report is available at the following link:

The Good Economy report 2025

Previous reports are available on our 'Policies, reports and statements' webpage.


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