
Charlotte D'Souza
PERE's Charlotte D'Souza has been digging into the story, looking at the motivations for the merger and what the future holds for the expanded might of the MPF vehicle.
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Aug 22, 2025 • 18min
Inside a landmark £4.7bn UK property fund merger
Join Charlotte D'Souza, an expert at PERE, and Joe Marsh from PEI Group, as they dive into the monumental £4.7 billion merger between Legal & General and Federated Hermes. They discuss the significant differences between defined contribution and defined benefit pension schemes and how they impact investment strategies. The conversation sheds light on the evolving landscape of UK pensions, the unique motivations for this rare merger, and the future ambitions for international expansion in the property fund market.


