This report shows public data only. Is this your organisation? If so, login here to view your full report.

TPT Retirement Solutions

PRI reporting framework 2019

You are in Organisational Overview » Basic information

Basic information

OO 01. Signatory category and services

01.1. Select the type that best describes your organisation or the services you provide.

01.3. Additional information. [Optional]


OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

United Kingdom

02.2. Indicate the number of countries in which you have offices (including your headquarters).

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

164 FTE

02.4. Additional information. [Optional]

TPT Retirement Solution's head office is located in Leeds.  There is an Investment Team located in London and a small office in Scotland to service certain clients.


OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

03.3. Additional information. [Optional]


OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

30/09/2018

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2
Total AUM
trillions billions millions thousands hundreds
Currency
Assets in USD
trillions billions millions thousands hundreds

04.5. Additional information. [Optional]


OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

Internally managed (%)
Externally managed (%)

 

Listed equity 0 0 10-50% 19.75
Fixed income 0 0 10-50% 41.12
Private equity 0 0 0 0
Property 0 0 <10% 4.18
Infrastructure 0 0 <10% 3.08
Commodities 0 0 0 0
Hedge funds 0 0 10-50% 11.4
Fund of hedge funds 0 0 <10% 2.21
Forestry 0 0 0 0
Farmland 0 0 0 0
Inclusive finance 0 0 0 0
Cash 0 0 <10% 3
Money market instruments 0 0 0 0
Other (1), specify 0 0 <10% 9.94
Other (2), specify 0 0 <10% 5.31

'Other (1)' specified

          Assets in respect of Defined Contribution Schemes
        

'Other (2)' specified

          Buy-in policies and fiduciary mandate
        

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

06.5. Indicate whether your organisation uses fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

Our strategic aim for Defined Benefit (DB) growth assets is to diversify away from equities.  We allocate to growth assets using five sub-portfolios, which do not necessarily fit well with the categories provided in the list above.  We believe that the classification of our sub-portfolios best reflects that return characteristics of the group of assets in the underlying funds.

1. Equity

Investments in this sub-portfolio give schemes exposure to the equity risk premium, the additional rate of return investors require to compensate them for the risk of holding stocks as compared with holding a "risk free" asset. 

2. Credit

Investments in this sub-portfolio give schemes exposure to the credit risk premium.  This typically means investing in debt instruments that earn a return over the risk free rate (such as UK government bonds) in compensation for assuming the risk that a borrower will not meet their contractual repayments, of either interest or capital. 

3. Market Neutral

Investments in this sub-portfolio provide access to investment strategies that look to produce returns in a number of economic scenarios, generally without relying on positive performance of equity (and often credit) markets.  The strategies in this sub-portfolio invest in a range of asset classes and instruments, and should not be considered an asset class in themselves; the main driver of return is a manager's ability to successfully allocate across different types of instruments. 

4. Illiquidity

Investments in this sub-portfolio provide schemes access to investment strategies that look to invest in a range of illiquid assets, both equity and debt.  By investing in these assets investors expect to earn a return superior to what would otherwise be available through holding more liquid securities that can be sold at short notice; this is referred to as the 'illiquidity premium'.

5. Insurance

Investments in this sub-portfolio aim to give holders exposure to the insurance premium, where the return is derived from providing insurance to a third party.  For example, TPT's Insurance-Linked Securities manager earns a premium of providing insurance against damage caused to properties (residential or commercial) by natural catastrophes such as hurricanes or earthquakes.   


OO 07. Fixed income AUM breakdown

07.1. Provide to the nearest 5% the percentage breakdown of your Fixed Income AUM at the end of your reporting year, using the following categories.

Externally managed
79.03 SSA
2.47 Corporate (financial)
18.50 Corporate (non-financial)
0 Securitised
Total 100%

OO 08. Segregated mandates or pooled funds

New selection options have been added to this indicator. Please review your prefilled responses carefully.
Provide a breakdown of your organisation’s externally managed assets between segregated mandates and pooled funds or investments.
Asset class breakdown
Segregated mandate(s)
Pooled fund(s) or pooled investment(s)

Total of the asset class

(each row adds up to 100%)

[a] Listed equity
100%
[b] Fixed income - SSA
100%
[c] Fixed income – Corporate (financial)
100%
[d] Fixed income – Corporate (non-financial)
100%
[g] Property
100%
[h] Infrastructure
100%
[j] Hedge funds
100%
[j] Fund of hedge funds
100%
[n] Cash
100%
[p] Other (1), specify
100%
[q] Other (2), specify
100%

08.2. Additional information. [Optional]


OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

95.93 Developed Markets
4.07 Emerging Markets
0 Frontier Markets
0 Other Markets
Total 100% 100%

09.2. Additional information. [Optional]


Top