# National Pension Trust

National Pension Trust is a Pension Fund based in Reading, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Reading, United Kingdom
- **Region:** Europe
- **Address:** Reading, United Kingdom
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** www.natpen.co.uk
- **LinkedIn:** https://www.linkedin.com/company/national-pension-trust

## Regulatory record

- **Reports private funds:** No

## About

National Pension Trust was established in 2009 by XPS Pensions Group as an occupational defined contribution scheme. SEI acquired the trust in July 2023. The trust deploys capital across fund-of-funds vehicles, natural resources, and secondaries. It also runs the Sustainable Active Global Equity Fund and the NPT Multi-Asset Fund, both domiciled in the United Kingdom. Geographic reach centers on UK and global developed markets. Ian Davies serves as Chair and Penny Green as Deputy Chair. The board maintains ties to Eversheds Sutherland and BESTrustees. SEI now oversees day-to-day management following the 2023 transaction. The trust participates in the Transition Pathway Initiative and adheres to the UK Stewardship Code through its manager SEI.

## Sectors

- Fund of Funds
- Natural Resources
- Secondaries

## People

- Ian Davies — Chair of the Board of Trustees
- Penny Green — Deputy Chair of the Board of Trustees

## Questions

### Who runs investment decisions at National Pension Trust?

Ian Davies chairs the board. Penny Green serves as deputy chair. SEI handles day-to-day management after the 2023 acquisition.

### How is National Pension Trust structured relative to its manager?

It operates as a standalone occupational scheme now under SEI ownership while retaining its own board of trustees.

### What asset classes does the trust allocate to?

Allocations include fund-of-funds, natural resources, secondaries, and global equity through dedicated vehicles.

### Where does National Pension Trust source its investment mandates?

Mandates are executed through SEI and legacy relationships with XPS Pensions Group.

## Related profiles

- [Alte Oldenburger Krankenversicherung](https://altss.com/profile/alte-oldenburger-krankenversicherung)
- [Construction Workers Pension Scheme](https://altss.com/profile/construction-workers-pension-scheme)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/national-pension-trust

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology