People's Pension appoints Invesco to manage £260m in CLO assets

Believed to be first time a UK master trust has made a strategic allocation to CLO investments

Jonathan Stapleton
clock • 3 min read
People's Pension appoints Invesco to manage £260m in CLO assets

People’s Pension has appointed Invesco to manage a £260m AAA-rated collateralised loan obligations (CLOs) brief.

The asset manager said the investment will look to combine direct CLO exposure with Invesco's AAA CLO ETFs, ultimately forming 5% of the People's Pension's default fixed income allocation. Inves...

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