TPT launches new responsible Global Infrastructure Fund for DC members

TPT Retirement Solutions, one of the UK’s leading providers of workplace pensions with more than 450,000 members, is today launching a new Global Infrastructure Fund, bolstering the options for Defined Contribution members to manage their retirement assets.

The new self-selected fund offers members concentrated exposure to infrastructure assets, with a significant allocation to sectors that directly contribute to, or benefit from the digitalisation of infrastructure and the global energy transition.

The Global Infrastructure Fund aims to provide investors with exposure to a broad selection of high-quality infrastructure equities, deploying a high-conviction strategy focused on investing in infrastructure securities which provide the optimal balance of return and risk over the medium to long term. As such, the fund invests in global companies engaged in infrastructure-related activities across a range of sectors, including gas and water utilities, transport, communications, and social infrastructure.

As part of TPT’s responsible investing commitments, the fund also aims to monitor and manage carbon and climate change risk exposures within set tolerances. The fund allocates most of its capital to companies that are aligned or aligning with the UN Paris Agreement net-zero pathways, allowing members to invest in companies committed to reducing their carbon footprint. As a result, the fund upholds important ESG principles, seeking to invest in the infrastructure assets of companies that follow good governance and environmental practices such as reducing carbon emissions and operating in a socially responsible way.

Philip Smith, DC Director at TPT Retirement Solutions, said:

"We’re delighted to introduce this new fund to our DC Master Trust offering.  It allows members to invest in infrastructure and diversify their retirement savings. The new fund complements TPT’s existing self-selected fund range providing more choice for members who want to tailor their pension investments according to their specific financial objectives and risk preferences.

The fund launch comes ahead of our new DC proposition later this year that will give members access to a straightforward pathway that could provide them with a sustainable stream of income into retirement, with digital tools that will help individuals make pension choices more easily than ever."