Real Assets

Where we invest

The Real Assets team manages and invests in real assets that generate attractive, risk-adjusted returns for our members that contribute to our purpose. They invest in long-term assets that deliver positive environmental and societal impact for both our members and for everyone.

Real Assets actively invest across the risk-return spectrum, ranging from development projects to stabilised and income-generating assets through debt and equity.

Asset allocation

Long-term Income Fund (LTIF)

LTIF’s investments focus on stable, long term, income-generating assets with a preference for a high degree of UK inflation linkage.

The team targets investments across real estate and infrastructure, prioritising defensive cash flows that can be maintained throughout any economic cycle.

Growth Fund - Property

The Property team’s activity focuses on property assets, which offer significant returns through capital growth or income.

They target commercial and residential investments and apply asset management experience to generate added value through development, refurbishment, repositioning and income enhancement projects.

Growth Fund – Infrastructure

The Infrastructure team’s activity focuses on infrastructure assets, which offer significant returns through capital growth or income.

They seek to participate in investments at an earlier stage of the infrastructure lifecycle, currently focusing on the evolution of the energy industry and the growth in the sustainable energy market.