The People's Pension (“TPP”), one of the UK's largest independent pension funds, has selected us to manage a £20 billion mandate with a strategy based on developed market equity indices and incorporating climate-related criteria.
Our recognised skills
We were selected due to the strength of our index portfolio construction, risk management capabilities and our high industry expertise.
In particular, Amundi’s industry leading responsible investment commitments, which align with TPP’s stewardship priority areas, were a key factor in the appointment. This mandate is the latest addition to our fast growing DC pension scheme business in the UK and globally.
A complete range of services and solutions
In addition to the mandate, we will offer TPP access to a comprehensive suite of investment services and solutions, including responsible investment analysis, asset allocation advice and bespoke investor intelligence research through the Amundi Investment Institute. We will also provide TPP with ESG data, metrics, reporting and data analytics through Amundi Technology's ALTO platform.
Amundi’s Equity Index Team will be responsible for the management of this mandate across five regional equity index portfolios. Lionel Brafman, Head of Equity ETF & Indexing, Amundi ETF and Indexing business line, will be the lead portfolio manager. He will be supported by Isabelle Lafargue, Deputy Head of Equity ETF & Indexing. Both will be under the leadership of Laurent Trottier, CIO of Amundi ETF and Indexing business line.
Eric Bramoullé, CEO of Amundi UK, said
“This investment allocation by TPP is a reflection of our commitment to providing our clients with bespoke investment services that meet their individual requirements. As one of the largest independent master trusts in the UK, our partnership with TPP marks a turning point in our UK offering and we are delighted to work closely with the team to meet their investment objectives.”
Jean-Jacques Barbéris, Head of Institutional & Corporate Clients Division, ESG Supervisor, Amundi, said
“We are delighted to be embarking on this partnership and keen to get to work with our team at Amundi to add value to our 7 million members. Deep partnerships with leading managers are a key concept at the heart of our investment philosophy, as we build one of the largest asset owners in the UK.”