Invesco Real Estate unveils its latest offering, the Invesco Global Direct Property Fund (GDPF), specifically designed for UK defined contribution (DC) schemes. With a commitment to delivering potentially superior returns and a reduced risk profile, this fund, managed by the £73.8 billion global real estate investment business, emphasizes portfolio diversification and provides straightforward access to a mainstream global asset class at an affordable cost.

The Invesco Global Direct Property Fund (GDPF) introduces distinctive and innovative liquidity terms tailored specifically for DC schemes, platforms, and master trusts. This expansion builds upon Invesco’s established suite of global real estate funds designed to cater to diverse investors across the globe.

Kate Dwyer, Head of UK Distribution at Invesco, said: “We have long seen demand among DC schemes to invest in global direct real estate but there have been surprisingly few options for them. The launch of GDPF represents, in our view, a new approach for the DC investor and demonstrates Invesco’s commitment to being a leading provider of investment solutions to UK DC schemes and their members.

“This fund builds on Invesco’s long-term track record in the institutional market and our belief that DC stakeholders deserve the same opportunities as sophisticated institutional investors but with terms aligned to their needs. GDPF not only supports the DC industry’s focus on increasing allocation to alternative asset classes but also the UK government’s value for money consultation.”

Simon Redman, Head of DC and Wealth at Invesco, said: “Improving outcomes for DC members through easily accessible investments in private markets is a key focus for many at the current time. Real estate is by far the largest private markets asset class, but it has not been fully optimised in portfolios. Despite recent macroeconomic news and equity and bond market volatility, real estate as an asset class has continued to offer attractive historic performance and low volatility.”

Sachin Bhatia, Head of Pensions and Europe, Middle East and Africa at Invesco, added: “GDPF finally gives DC members access to this asset class via a dedicated DC fund, which we believe will improve member outcomes.

“The fund leverages our £73.8bn real estate business where we have 40 years’ experience and, at its core offering, has an implicit sustainability focus with an explicit business-wide net-zero target, which we believe enhances potential returns.”