Invesco has been selected by McDonald's Restaurants, the fast food chain, as its corporate stakeholder pension provider.

The UK fund manager launched its group stakeholder product in April, offering both its own and other managers' complementary and competing active and passive options. The 32 funds include active funds from Invesco, Schroder Investment Management, Deutsche Asset Management, Morley Fund Management and Threadneedle Investments. The passive funds will be managed by Barclays Global Investors.