Dr. Paul Kennedy

Dr. Paul Kennedy, Managing Director, is a UK citizen with 29+ years’ experience of global real estate and private markets investment, portfolio management, asset allocation and strategy. He is based in London where he serves as Head of Portfolio Strategy for Real Estate Europe and Portfolio Manager of the Strategic Property Fund Europe. In addition, he serves as a member of Real Estate Europe’s Investment and Management Committees. He is also a member of the team responsible for the production of J P Morgan Asset Management’s multi-asset class Long Term Capital Market Assumptions (LTCMAs). Paul joined J P Morgan Asset Management in January 2020. Between 2008 and 2019, he was based in Abu Dhabi and served as Head of Private Markets Strategy for the Abu Dhabi Investment Authority. As part of the global asset allocation team he was responsible for defining and helping to implement strategies across all private markets globally, including real estate. Prior to this, he spent 7 years at Invesco Real Estate, where he was responsible for the creation of a global real estate research function and served as Co-Head of Global Research, Chairman of the European Investment Committee and a member of the Global Executive Team. Other appointments include research and strategy roles at Parkes & Company, Henderson Investors and Real Estate Strategy. Paul holds a first class degree in real estate and a PhD in environmental economics. He also holds the Investment Management Certificate and is a Member of the Royal Institution of Chartered Surveyors (RICS). He has held visiting academic appointments at the Universities of Oxford, London, Reading and Nottingham. In 2020 he was appointed by the RICS to the expert advisory group on Commercial Property Valuations (the ‘Pereira Grey Review’).