Fund manager Invesco has selected Deutsche Asset Management, Morley Fund Management, Schroder Pensions and Threadneedle Pensions to complete its multi-manager structure for UK defined contribution pension schemes.

The four active managers will work alongside Invesco's own active teams and passive fund manager Barclays Global Investors. They offer UK equity, balanced and global equity funds that compete with Invesco's funds. Morley's socially responsible investment and property funds also complement the firm's range. In total, 43 funds are now available.