Note 18 Defined Benefit Pension Schemes (continued) Local Government Pension Scheme Assets 2016/17 LPGS Pension Scheme 2017/18 % % £’000 £’000 Equites 54,718 17.9 UK quoted 47,713 14.9 131,524 43.1 131,561 41.0 Overseas quoted 186,242 61.0 179,274 55.9 Bonds 35,256 11.5 UK Government indexed 36,388 11.4 8,310 2.7 63 2.6 Overseas Government fixed 13,534 4.4 UK other 116 4.7 5,469 1.8 Overseas other 65 2.6 62,569 20.4 68,348 21.3 Property 24,716 8.1 UK direct 25,446 8 3,911 1.3 3,883 1.2 Property funds 28,627 9.4 29,329 9.2 Alternatives 23,250 7.6 Pooled investment vehicles 28,398 8.8 23,250 7.6 28,398 8.8 Cash 4,827 1.6 Cash accounts 15,531 4.8 4,827 1.6 15,531 4.8 305,515 100.0 Total scheme assets Group and PCC 320,880 100.0 All scheme assets have quoted prices in active markets except pooled investment vehicles.
Note 18 Defined Benefit Pension Schemes (continued) Local Government Pension Scheme Assets 2016/17 LPGS Pension Scheme 2017/18 £’000 % £’000 % Equites 54,718 17.9 UK quoted 47,713 14.9 131,524 43.1 Overseas quoted 131,561 41.0 186,242 61.0 179,274 55.9 Bonds 35,256 11.5 UK Government indexed 36,388 11.4 8,310 2.7 Overseas Government fixed 63 2.6 13,534 4.4 UK other 116 4.7 5,469 1.8 Overseas other 65 2.6 62,569 20.4 68,348 21.3 Property 24,716 8.1 UK direct 25,446 8 3,911 1.3 Property funds 3,883 1.2 28,627 9.4 29,329 9.2 Alternatives 23,250 7.6 Pooled investment vehicles 28,398 8.8 23,250 7.6 28,398 8.8 Cash 4,827 1.6 Cash accounts 15,531 4.8 4,827 1.6 15,531 4.8 305,515 100.0 Total scheme assets Group and PCC 320,880 100.0 All scheme assets have quoted prices in active markets except pooled investment vehicles.