Asset Owner Directory

British Airways Pension Investment Management Ltd (BAPIML)

British Airways Pension Investment Management (BAPIML) is a corporate pension based in Liverpool, United Kingdom. Established in 1988, the plan provides retirement and death benefits to the eligible employees of British Airways. The plan carries out day to day investment management within the parameters established by the trustees of APS and NAPS. The assets of the plan are managed by the executive management team.


United Kingdom

AUM ($B)




Chief Investment Officer

David Stewart


Roger Maynard 

Asset allocation

49.5% Index Linked Bonds

35% Nominal Bonds

5.8% Real Assets

1.8% Private Equity

5.3% Alternatives

1% Property

1.6% Cash