Invesco
Sutton Pension Fund is addressing the liquidation of an Invesco property fund, which led to a revaluation of its assets in March 2026.
The Sutton Pension Fund received an unmodified audit opinion for its 2024-25 accounts in March 2026, despite a post-balance sheet event concerning the Invesco property fund. This fund, managed by Invesco Ltd., is undergoing liquidation due to redemption requests, which led to a revaluation of the Sutton Pension Fund's assets, as noted by Catherine Gray, Head of Pensions Investments and Treasury.
Separately, the Lambeth Pension Fund, for which Invesco provides mandates, underperformed its benchmark in the quarter ending March 2026, returning -1.8% against a target of 0.2%. This underperformance, primarily attributed to global equity managers and volatile market conditions, was noted by the Pensions Committee in July 2026. The fund's total assets under management were approximately £1,933.6 million as of March 2026.
Key facts
- Lambeth Pension Fund returned -1.8% against a 0.2% target for the quarter ending March 2026. Source
- Sutton Pension Fund's 2024-25 accounts received an unmodified audit opinion in March 2026. Source
- The Invesco property fund is undergoing liquidation due to redemption requests, leading to asset revaluation. Source
- Lambeth Pension Fund's total assets under management were approximately £1,933.6 million as of March 2026. Source
- Lambeth's Pension Fund underperformed its benchmark by 1.3% in the first quarter of 2025. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on, with background from Wikipedia. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.