Universities Superannuation Scheme (USS)

Overview

Learn more about our history on our dedicated page .¹

Universities Superannuation Scheme (USS)'s pension assets support retirement benefit obligations for plan participants.¹

Estimated AUM: $98.9B as of Mar 31, 2025²
Capital pool: Superannuation fund¹
Investment model: The in-house investment team at USSIM continued to drive the significant cost advantage USS has over its peers.¹
Investment approach: Our people enjoy a culture where long-term solutions, collaborative working and innovative thinking are the norm.¹
Spending support: Not listed yet
Spending policy: Not listed yet
Asset allocation: Public evidence references these asset classes or allocation areas: private equity, private credit, real estate, infrastructure, public markets, fixed income.¹
Performance: Not listed yet
Governance: Dame Kate Barker, Chair of the USS Board, said: “Celebrating USS’s 50th anniversary has been a fantastic reminder of the scheme’s purpose – to work with Higher Education employers to build a secure financial future for our members and their families.¹
Investment team: The in-house investment team at USSIM continued to drive the significant cost advantage USS has over its peers.²
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 21, 2026 · Verified

Last verified Jul 21, 2026 from public career and organization materials.

Website (uss.co.uk)Parent organization overview, Pool purpose, Capital pool, Investment model, Investment approach, Asset allocation, Governance · checked Jul 25, 2026
Annual report (uss.co.uk)Estimated AUM, Investment team · checked Jul 25, 2026
Website (uss.co.uk)Investment office page · checked Jul 25, 2026