UBS Global Wealth Management partners with Invesco Real Estate for bespoke mandate

22 June 2021

The partnership provides UBS’s wealth management clients bespoke access to Invesco’s leading global real estate capabilities, making it more efficient for private clients to incorporate the asset class into their portfolios. With the launch of this partnership Invesco underscores its ambition to leverage its significant investment capabilities and real estate track record to grow third party partnerships.

Invesco Ltd., a leading global asset management firm; Invesco Real Estate (Invesco), the company’s global real estate investment business, and UBS Global Wealth Management today announce a collaboration to provide an exclusive, bespoke global real estate investment mandate for UBS’s wealth management clients.

The bespoke real estate offering will enable UBS clients in Switzerland and other select markets across Europe and Asia to invest in Invesco’s real estate strategies, selected co-investments or direct real estate investments worldwide. It offers UBS’s private clients exposure to institutional-quality global real estate, diversified across sectors and geographies.

The offering will invest primarily in Invesco’s direct real estate strategies. It will also invest in real estate securities for liquidity, and selected co-investments or direct investments. It has been launched to satisfy a growing appetite from clients for income-producing strategies with a stable return profile.

With USD 63.6 billion in direct real estate and USD 19.9 billion in listed real estate, and more than 580 real estate professionals globally, Invesco is the only manager to have comparable strategies across the US, Europe and Asia, offering a unique ability to deliver an established institutional quality global portfolio.

Marty Flanagan, President and CEO of Invesco. Ltd said: “We are truly delighted to be announcing this new partnership and mandate from UBS to deliver our world-class real estate capability. The offering has been structured specifically for UBS and its clients with a view to delivering a stable, attractive level of income over the long term.”

Bruno Marxer, Head of Global Investment Management at UBS Global Wealth Management said: “This partnership reinforces our commitment to provide our clients with the best of what UBS has to offer, while also giving them exclusive access to solutions from leading partners. This allows them to gain exposure to unique and attractive investment ideas in tune with pivotal market trends.”

R. Scott Dennis, Global CEO,Invesco Real Estate: “Invesco is one of the few firms that has a truly global real estate platform with experience investing through multiple market cycles across the full risk-return spectrum. We are excited for the partnership with UBS to deliver these established, proven strategies as investors continue to seek exposure to private real estate.”

Source: UBS