Biography
Main responsibilities
Luke manages the LCIV Inflation Plus mandate, a bespoke portfolio of inflation protected cashflows managed on behalf of the London borough pension schemes.
Luke also manages the REaLM Commercial Assets Fund, which seeks to deliver secure income by investing in long-term inflation-linked leases to high quality tenants, as well as the REaLM Multi Sector Fund, which provides access to a diversified pool of commercial real estate, ground rents, social housing and renewable infrastructure assets.
Experience and qualifications
Luke joined Aviva Investors in 2008 and previously led the portfolio analysis team, where he was responsible for the financial underwriting of transactions and quantitative portfolio analysis. He has previously worked on the real estate research team and as an analyst for the UK specialist real estate funds.
Luke holds an MSc in Real Estate Investment from Cass Business School and an MA in Politics and Economics from the University of Cambridge. He also holds the Investment Management Certificate and is a CFA® charterholder.
Related profiles
You might also be interested in

The time for action is now: Incorporating carbon into private markets
13 Jan. 2022
Our real assets research analysts explore the whys and wherefores of understanding and managing the carbon footprint of their portfolios.
Read more

That déjà vu feeling: The outlook for UK infrastructure
6 Jan. 2022
Darryl Murphy assesses the current state of the UK infrastructure market and the likely drivers of activity in 2022.
Read more

European long-income real estate: Seeking resilience in an uncertain world
20 Dec. 2021
As the trajectory of COVID-19 continues to evolve, Isabel Gossling looks at the implications for European real estate and long-lease strategies.
Read more

An investor’s perspective on the UK’s Net Zero Strategy
28 Oct. 2021
Darryl Murphy assesses the implications and opportunities for infrastructure investors.
Read more

Disclosures, trade-offs and green premia: The future of sustainability in real assets
7 Oct. 2021
The path to a sustainable future for private markets is full of opportunity but also complexity, as Laurence Monnier and Ed Dixon explain.
Read more

COVID and beyond: Why the greenfield data infrastructure boom is set to continue
28 Jul. 2021
The global pandemic may have accelerated demand for data infrastructure, but the underlying drivers behind the growth of data centre markets go far beyond short-term factors, explains Laurence Monnier.
Read more

Measuring the mythical: Quantifying the green premium in real estate
21 Jul. 2021
The green premium is an elusive concept. Laurence Monnier reviews the academic literature and crunches some numbers to try and quantify the extra pricing power afforded by more sustainable commercial properties.
Read more

COVID, climate and Black Lives Matter: The stories that defined 2020
10 Dec. 2020
We select some of our key pieces of content in a year of unending drama.
Read more

When equity becomes debt: The untapped potential of amortising-lease real estate
9 Oct. 2020
Pension schemes seeking alternatives to bonds may find amortising leases a compelling option, writes Luke Layfield.
Read more

Five charts that show Manchester is a city of the future
20 Aug. 2020
In this short, visual article we present five charts that show why Manchester is such a rich, vibrant and economically prosperous city. Our view is that the ingredients of connectivity, culture, talent, scale and scientific heritage make the city well-equipped to thrive in the coming years and decades.
Read more

RPI may be flawed, but changes shouldn’t cost pensioners and investors
16 Mar. 2020
With the start of the consultation for proposed changes to the measurement of inflation in the UK, we look at the likely impact to asset classes, the assets most affected, and the key issues investors should be aware of.
Read more

Rates, retail and polarisation: three themes for UK and European real estate
1 Jul. 2019
Jonathan Bayfield and Vivienne Bolla discuss the outlook for UK and European real estate.
Read more

BP vote demonstrates power of engagement
28 Jun. 2019
As climate change rises up the political agenda throughout the West and beyond, shareholders have an important role to play in limiting global fossil fuel consumption by pressuring oil companies to amend their strategies, argues Sora Utzinger.
Read more

Talent, clusters and scale: Identifying European office markets in the era of knowledge capitalism
26 Jun. 2019
The role of a city is vastly different to fifty years ago. Chris Urwin, Director of Research – Real Assets, and Vivienne Bolla, Research Analyst – Real Assets explain why talent, clusters and scale are key factors in determining which cities – and therefore European office markets – will thrive in the years ahead.
Read more

ESG gets physical: The role of real assets in creating a sustainable future
4 Jun. 2019
Physical assets, particularly infrastructure and real estate, have a critical role to play in facilitating the transition towards a more sustainable economy and a greener world. As ultimate asset owners, investors are deeply engaged in the issues, and incorporating environmental, social and governance (ESG) considerations is a fundamental part of an asset manager’s duty to their clients.
Read more

Self-sufficiency for pension schemes: Keep on running?
28 May 2019
Boris Mikhailov and Matthew Graham look at the benefits and risks for pension schemes targeting self-sufficiency.
Read more