TPTIM launches £170m Global Credit Opportunities Fund

• The fund provides access to public market bonds including Sovereign, Emerging Market and High Yield

• This is the sixth of TPTIM’s seven planned fund launches of collective investment vehicles, designed by TPTIM to offer schemes easy access to a wide range of investment strategies

• Schemes can invest in the new fund through TPTIM’s new Fiduciary Management service

The Global Credit Opportunities Fund will invest in all types of bonds available in the public market, including Sovereign, Emerging Market and High Yield. It aims to invest in markets that may not be as well-known as others, giving managers the chance to demonstrate their skill in accessing a diversified set of risk premia when compared to a more traditional asset allocation. The fund can more dynamically alter allocations, depending on key market triggers.

This fund is the sixth in a series of seven planned launches of new collective investment vehicles, designed by TPTIM to offer schemes easy access to a wide range of investment strategies. The funds will enable pension schemes joining TPT to immediately achieve scale benefits across asset classes by aggregating with the assets in the master trust. This approach enables TPTIM to build on the successful model of scheme consolidation – pooling assets to deliver value and impact – to the benefit of pension schemes and their members.  

Access to the new fund is available through TPT’s new fiduciary management service, launched in October 2024. The service enables schemes to benefit from increased diversification, better value through economies of scale, high quality governance, and ongoing investment expertise. 

Simon Moss, Portfolio Manager for the Global Credit Opportunities Fund at TPT Investment Management, comments: 

“Our latest in the series of new fund launches will continue to broaden our schemes’ access to a diversified range of assets. The fund will increase our ability to offer a well-rounded investment strategy, with diversified risk premia, while maintaining scheme liquidity. As with all of our funds, schemes to benefit from consolidation, responsible investment, and investment expertise that would not necessarily be available to smaller, stand-alone schemes.”

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.

Our ownership

TPT Retirement Solutions Limited is wholly owned by Verity Trustees Limited in its capacity as trustee of The Pensions Trust. 
TPT Investment Management Limited is a wholly owned subsidiary of TPT Retirement Solutions Limited.

Group Services & Regulation

Verity Trustees Limited is the corporate trustee of The Pensions Trust and The Pensions Trust 2016. It is a company limited by guarantee and is regulated by The Pensions Regulator. Registered in England and Wales under company number 00744017. Registered office: Verity House, 6 Canal Wharf, Leeds, LS11 5BQ

TPT Retirement Solutions Limited provides pension management and administration services to UK pension schemes. Registered in England and Wales under company number 09639961. Registered office: Verity House, 6 Canal Wharf, Leeds LS11 5BQ

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 in England and Wales under company number 14527587. Registered office: Verity House, 6 Canal Wharf, Leeds, LS11 5BQ.