Invesco Fixed Income (IFI) has appointed Matthew Henly as a Portfolio Manager focusing on its Buy and Maintain strategies across Europe and the UK.
In his role, Henly will primarily focus on managing Buy and Maintain strategies for insurance and pensions clients in addition to contributing to the broader IFI investment team and process. He will also assist in further developing and enhancing IFI’s investment grade products and strategies across the UK and Europe. Based in London, he will report to Luke Greenwood, Co-Head, Global Investment Grade.
Henly brings with him 10 years’ experience in credit strategies, having started his career at Scottish Widows Investment Partnership before joining Aberdeen Asset Management in 2014 as an investment manager. At the time of leaving Aberdeen, he was lead portfolio manager on a range of strategies, including Buy and Maintain, Sterling/Euro aggregate and investment grade credit across both segregated and pooled vehicles. In addition to the investment acumen developed throughout his career, Matthew brings a wealth of client relationship and business skills.
Luke Greenwood, Co-Head, Global Investment Grade at Invesco, says: “Buy and Maintain strategies have become an important part of the solutions we offer our clients, especially mature pension schemes looking to de-risk in line with liability cash flows but also increasingly for clients looking for a stable high quality, predictable level of income on an ongoing basis. A differentiator for Invesco in this area of investment, is our proprietary research and global platform with an integrated ESG process supported by 65 investment professionals in credit research.
“Matthew’s excellent track record and experience in this area compliments our teams’ expertise and growth ambitions to support the evolving needs of our clients, including supporting Defined Benefit pension schemes transition to a low carbon world through their investment choices.”
Invesco has been managing Buy and Maintain portfolios since 2004 where assets have grown to GBP16.8 billion (approximately USD23 billion) as at 31 March 2021. Invesco’s Solutions business has a significant platform that includes Cashflow Driven Investment strategies, of which Buy and Maintain credit forms a significant part and is an area that has the potential to grow significantly in particular for pension funds.