Russell Investments wins FRR transition management mandate

London, 9 May 2022 - Global investment solutions provider Russell Investments today announced that the French pension plan, Fonds de réserve pour les retraites (FRR), has selected the firm as a preferred transition management partner.

FRR will utilise Russell Investments’ deep capital markets expertise and extensive trading capabilities to reduce exposure risk and execution costs when restructuring its mandates, including changes to managers, strategies, benchmarks and investment styles.

“We appreciate FRR’s continued trust in our ability to deliver bespoke risk and cost-efficient transition strategies” said Richard Webb, Head of Implementation, EMEA. “Our team of highly experienced investment professionals looks forward to continuing working with the FRR and leveraging our innovative solutions to manage any implementation challenges they may face.”

“With our customised portfolio solutions, we offer bespoke tech-enabled services to our clients. We are very pleased to serve the FRR through this new mandate,” said Riccardo Stucchi, Country Manager France. “As markets have become increasingly volatile and complex, investors are looking to partner with firms that have the ability to dynamically make strategic and tactical allocation decisions in an efficient, transparent and cost-effective way.

While transition management services have long been used by pension funds, they are becoming more relevant for distributors, private banks and asset managers who are increasingly focusing on how to best restructure their portfolios. This requires a deep understanding of capital markets, technical expertise and scale.”

Russell Investments has a longstanding heritage in France with a 28-year presence and an AMF-regulated investment company established in 2012. Celebrating its 10th anniversary this year, Russell Investments France currently manages over €10 billion* of assets on behalf of French domiciled investors, including pension schemes, insurance companies, private banks, Family Offices and networks of IFAs.

Globally, Russell Investments currently manages over €293 billion*, including €101 billion* in customised portfolio solutions. In 2021 it traded over €2 trillion across all asset classes and managed over 190 transitions totalling ~€110 billion with a global team of 20 transition specialists with an average of over 14 years transition experience.

* as of 31 March 2022

About Russell Investments

Russell Investments is a leading global investment solutions firm with €293 billion in assets under management (as of 31/03/2022) for clients in 32 countries. The firm provides a wide range of investment capabilities to institutional investors, financial intermediaries and individual investors around the world.

Building on an 85-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve people’s financial security. Headquartered in Seattle, Washington, Russell Investments has offices in 18 cities around the world, including in Paris, London, New York, Tokyo and Shanghai. For more information, please visit www.russellinvestments.com.

Important Information

Issued by Russell Investments Limited. Company No. 02086230 and Russell Investments Implementation Services Limited Company No. 3049880.Registered in England and Wales with registered office at: Rex House, 10 Regent Street, London SW1Y 4PE. Telephone +44 (0)20 7024 6000. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN.