TPT Investment Management launches £800m Liquid Alternatives Fund
TPT Investment Management (TPTIM), the investment management company part of the TPT Retirement Solutions group, has completed the successful launch of a new Liquid Alternatives Fund. This is a collective investment vehicle for UK pension schemes and has been seeded with capital from TPT’s DB master trust.
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TPT Investment Management successfully launches a new Liquid Alternatives Fund for pension schemes
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The fund provides UK schemes with access to a wide range of investment opportunities in the liquid alternatives universe
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This is the fourth and largest fund launch for TPT Investment Management of the seven planned launches
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Schemes can invest in the new fund through TPTIM’s new Fiduciary Management service
TPTIM’s new Liquid Alternatives Fund has c.£800m in assets invested in a broad spectrum of liquid alternative investment opportunities across credit and equity markets. The fund benefits from TPTIM’s scale to offer exposure to risk premia with a low correlation to listed equity and credit markets. This is TPTIM’s fourth fund in a series of seven planned launches. The new collective investment vehicles are designed by TPTIM to provide pension schemes with easy access to a wide range of investment strategies.
The collective investment vehicles will enable pension schemes joining TPT to immediately achieve scale benefits across asset classes by aggregating with the assets in the master trust. In this way, TPTIM will build on the successful model of scheme consolidation – pooling assets to deliver value and impact – to the benefit of pension schemes.
Access to the new funds is available through TPT’s new fiduciary management service that builds on the successful model of scheme consolidation for the benefit of defined benefit pension schemes. The service enables schemes to benefit from increased diversification, better value through economies of scale, high quality governance, and ongoing investment expertise.
Andrei Paraschiv, Portfolio Manager for the Liquid Alternatives Fund at TPT Investment Management, comments:
“The Liquid Alternatives Fund is a further component in TPTIM’s highly diversified investment strategy. The fund differentiates itself from TPTIM’s three previously launched offerings by allocating to a range of investment strategies with a low correlation to listed markets, within a liquid structure. It is a great example of TPTIM’s ability to offer smaller, stand-alone schemes access to complex investment strategies through a simplified solution.”
Notes to Editors:
TPT Retirement Solutions (TPT) is one of the UK’s leading providers of workplace pensions with over 75 years’ experience of managing defined benefit and defined contribution pension schemes. It has £9.6 billion of assets under management (as at 30 September 2023) and more than 450,000 members.
TPT’s mission is to make pension schemes perform better for everyone, from the sponsoring employers and trustees to the members who are saving for the future. It is an innovative, forward-thinking organisation, investing in technology to improve the services they provide. TPT is ultimately owned by a pension fund, providing genuine alignment of interests with those of its clients and scheme members.
TPT Retirement Solutions Limited is wholly owned by Verity Trustees Limited in its capacity as trustee of The Pensions Trust. TPT Retirement Solutions Limited provides pension management and administration services to UK pension schemes.
TPT Investment Management Limited is a wholly owned subsidiary of TPT Retirement Solutions Limited. TPT Investment Management Limited is authorised and regulated by the Financial Conduct Authority (FCA) and provides investment management and consultancy services to UK pension schemes.
Registered address: Verity House, 6 Canal Wharf, Leeds LS11 5BQ.
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