Amundi Achieves Landmark £20 Billion Climate Mandate with The People's Pension
Deal News | Feb 27, 2025 | Amundi
Amundi, Europe's largest asset manager, has been appointed by The People's Pension (TPP) to handle a significant £20 billion mandate focused on developed markets equity index with a climate-conscious strategy. This selection underscores Amundi’s prowess in portfolio construction, risk management, and a strong commitment to responsible investment, aligning with TPP's stewardship objectives. The mandate broadens Amundi’s foothold in the UK’s DC pension market. TPP will benefit from Amundi's comprehensive investment services, including ESG insights and data analytics through the ALTO platform. The mandate will be overseen by Amundi's Equity Index Team led by Lionel Brafman, supported by Isabelle Lafargue, and under the guidance of Laurent Trottier. The collaboration illustrates the trend of institutional investors seeking bespoke investment solutions that provide risk-adjusted returns while aligning with ESG objectives. TPP's CIO Dan Mikulskis emphasized the significance of this partnership in aligning with their investment philosophy.
Sectors
- Asset Management
- Pension Funds
- ESG and Responsible Investment
Geography
- United Kingdom – The article is based in the UK with Amundi managing a mandate for The People's Pension, a significant UK pension provider.
- Europe – Amundi, the largest European asset manager, is central to this transaction, highlighting its broader European and global investment strategies.
Industry
- Asset Management – The focus is on Amundi, a major asset manager, managing a substantial equity index mandate for The People's Pension.
- Pension Funds – The article discusses The People's Pension, a key player in the UK pension market, engaging with Amundi to manage a significant investment mandate.
- ESG and Responsible Investment – The mandate includes a strong emphasis on climate-focused and responsible investment strategies, which are central themes in the article.
Financials
- £20 billion – Value of the global equity index climate-focused mandate awarded to Amundi by The People's Pension.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Amundi | Asset Manager | Company | Amundi is the largest European asset manager and is responsible for managing the £20 billion climate-focused mandate. |
| The People's Pension (TPP) | Client/Pension Fund | Company | TPP is one of the largest independent master trusts in the UK, working with Amundi to manage its investment mandate. |
| Lionel Brafman | Lead Portfolio Manager | Person | Head of Equity ETF & Indexing at Amundi, overseeing the management of the mandate. |
| Isabelle Lafargue | Deputy Head of Equity ETF & Indexing | Person | Deputy supporting Lionel Brafman in managing the mandate. |
| Laurent Trottier | CIO of Amundi ETF and Indexing | Person | Oversees the business line responsible for managing the mandate. |
| Eric Bramoull | CEO of Amundi UK | Person | CEO overseeing Amundi’s operations in the UK. |
| Jean-Jacques Barbris | Head of Institutional & Corporate Clients Division, ESG Supervisor | Person | Responsible for overseeing clients and ESG initiatives at Amundi. |
| Dan Mikulskis | Chief Investment Officer | Person | CIO of The People's Pension, involved in the partnership. |