Skip to Content Skip to Main Navigation

Fund manager

Managers in the Fund
The Managers selected for the Fund, Invesco, Cohen & Steers, SWIP and AEW all have different processes for finding returns.

Invesco Institutional – 30 % of Fund*
Invesco performs qualitative and fundamental analysis to identify companies with the greatest return potential within controlled levels of risk. Invesco analyses properties and market cycles and tends to favour securities with consistent cash flow growth, positive earnings revisions and higher dividend yield coverage. Invesco has a comprehensive security valuation process. Portfolio managers are responsible for selecting stocks in their regions and are able to incorporate local market factors.

Cohen & Steers Capital Management – 30 % of Fund*
Cohen & Steers has extensive experience in researching and investing in property securities around the world. The key investment professionals are working in a collaborative fashion to create a bottom-up investment process that utilises a fully dedicated team of securities analysts. In addition, they have previously worked in joint venture arrangements with some of the most experienced real estate portfolio managers in the industry and as a result have acquired in-depth knowledge of global securities valuation methodologies.

AEW Capital Management – 25% of Fund*
AEW’s securities team combines its securities evaluation process with market intelligence from the firm’s private real estate platform to gain an information advantage.

Scottish Widows Investment Partnership – 15% of Fund*
SWIP has a highly experienced real estate team of 28 professionals with an average of 14 years’ industry experience. SWIP uses fundamental in-house research that identifies undervalued equities in the market. SWIP also uses macro economic research of real estate markets and sectors, combined with bottom-up views of individual real estate companies. SWIP has a large direct property portfolio with access to information on market movements. This is linked into the securities analysis mainly through the research team’s output and co-operation on research topics.

* Target Weights

Related links



Important Information for retail clients



Important Information for retail clients

Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our funds are authorised for sale. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

This does not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation.

Applications to invest in any fund referred to on this site, must only be made on the basis of the offer document relating to the specific investment (e.g. prospectus, simplified prospectus or other applicable terms and conditions).

To invest in SWIP funds please contact your financial adviser. If you do not have a financial adviser please contact the IFA promotions line on 0800 085 3250, or online at www.unbiased.co.uk. where information on finding one can be obtained.

As a result of money laundering regulations, additional documentation for identification purposes may be required when you make your investment. Details are contained in the relevant Prospectus or other constitutional document.

If you are unsure about the meaning of any information provided please consult your financial or other professional adviser.

The information contained on this site is subject to copyright with all rights reserved. It must not be reproduced, copied or redistributed in whole or in part.

You may leave the Scottish Widows Investment Partnership Limited (SWIP) website when you access certain links on this website. In so doing, you may be proceeding to the site of an organisation that is not regulated under the UK Financial Services and Markets Act 2000. SWIP has not examined any of these websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites.

SWIP shall have no liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of the services provided herein.

On accessing the SWIP website, you are aware of the following investment risks applicable to all SWIP funds:

      - Past performance is no guarantee of future performance.

     - The value of investments and the income from them may go down as well as up and are not guaranteed.

     - You may not get back the amount you invested.

     - Taxation rules and legislation may change without notice.

     - Rates of exchange may cause the value of investments to go up or down.

     - Fluctuation may be particularly marked in the case of a higher volatility fund and the value of an investment may
       fall suddenly and substantially.

     - For your protection, telephone calls are usually recorded.

This site is operated and issued by Scottish Widows Investment Partnership Limited (SWIP), Company No. 794936. Registered Office in the United Kingdom at 33 Old Broad Street, London EC2N 1HZ. Tel: 0131 655 8500. Scottish Widows Investment Partnership Limited is authorised and regulated by the Financial Services Authority and is entered on their register under number 193707 www.fsa.gov.uk.
How to invest

For more information on how to invest in our funds either:



Scottish Widows Investment Partnership Limited (SWIP) is registered in England and Wales, Company No. 794936. Registered Office is at 33 Old Broad Street, London EC2N 1HZ. Tel: 0131 655 8500. SWIP is authorised and regulated by the Financial Services Authority and is entered on their register under number 193707 (www.fsa.gov.uk).