Overview
Investment Strategy
More growth means greater choice
FutureWise, our award‑winning default pension strategy, is designed to build savings that give members more options at retirement. Built on deep investment and retirement expertise, our single default Target Date Fund strategy brings together investment innovation, global diversification, and strong governance. FutureWise aims to capture opportunities in all market conditions to help grow members’ savings, because the larger the pot, the greater the choices at retirement.
A Target Date Fund approach
FutureWise is structured as a series of Target Date Funds, each aligned to a member’s expected retirement year. FutureWise is anchored in a long-term strategic asset allocation combined with an intelligence portfolio construction process designed to enhance risk adjusted returns across market cycles. Combined with a disciplined governance framework that provides ongoing oversight of asset allocation seeking to manage risks and enhance through changing market conditions.
FutureWise aims for as much growth as possible in earlier years, progressively managing risk on approach to retirement to give members more options for financial planning.
Structural Strengths
Unconstrained Access
FutureWise has unconstrained access to markets ranging from intraday traded exchange ETFs to closed-ended funds and co-investments within our LTAF.
Flexibility
FutureWise has the full flexibility to adapt the investment strategy in the face of changing market conditions and innovate in any direction that improves member outcomes, without disrupting the member experience.
Simplicity
Each fund offers a simplified investment experience to-and-through retirement, with consolidated and bespoke communication on FutureWise’s performance, portfolio and sustainability credentials.
Related Insights
Macro dynamics of geoeconomic fragmentation
We are in the middle of a structural shift towards fiercer international competition, which has the potential to impact the investment backdrop significantly. Timing markets is more challenging and established diversification principles are being called into question, highlighting the benefits of spreading risk across multiple return drivers.
Navigating AI’s creative destruction
The shift towards digital labour represents a huge business model pivot, but technological revolutions rarely proceed smoothly. Those investing in the AI theme should therefore maintain valuation discipline and take selective approach that prioritises companies with durable competitive positions and credible AI integration / application potential.
Calibrating portfolios for uncertainty
It is a time of heightened uncertainty, with markets also exhibiting high levels of concentration and valuation dispersion. Investors must therefore broaden their horizons and employ a more layered approach to investment selection and portfolio construction, using a more varied toolkit to access a wider range of differentiated risk premia.