Summary
Amundi has been appointed by The People’s Pension (“TPP”) to manage a £20 billion developed markets equity index, climate-focused mandate.
This mandate from one of the largest independent master trusts in the UK is the latest addition to Amundi’s fast growing DC pension scheme business in the UK and globally.
We are proud that The People’s Pension has chosen to partner with us and we will work with them in the best interests of British pensioners.
As retirement regimes in the UK and across the globe continue to evolve, this partnership highlights Amundi’s capabilities in the fast-growing DC market.
Key takeaways
The portfolio will be made up of five regional sleeves covering major developed markets, using climate-focused indices aligned with TPP’s responsible investment policy.
Aside from strengths in index portfolio construction and risk management capabilities, Amundi’s industry leading responsible investment commitments, which fit with TPP’s stewardship priority areas, were a key factor behind the decision.
Amundi will also offer TPP access to a comprehensive suite of investment services and solutions, including responsible investment analysis through Amundi Technology’s ALTO platform, asset allocation advice, and bespoke research from the Amundi Investment Institute.
This mandate is the latest addition to Amundi’s fast growing DC pension scheme business in the UK and globally.
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