London, 4 October 2022 — Global investment solutions provider Russell Investments today announced it has been appointed by Stichting Pensioenfonds Atos (SPA) as its fiduciary manager.
SPA, a dedicated closed pension scheme for Atos’ Netherlands-based employees, is responsible for €2.3 billion* of assets.
Russell Investments will work with SPA to deliver a comprehensive investment strategy across the scheme’s investment portfolio, utilising its open-architecture approach to provide access to best-in-class investment managers, alongside an enhanced governance and operational framework.
The firm will also provide strategic asset allocation insights to the scheme’s trustees to meet the long-term requirements of its members. SPA will be able to leverage Russell Investments’ extensive expertise to develop the scheme’s private markets allocation and access attractive return and income opportunities within this asset class.
ESG considerations will be a major focus for SPA. Here too, Russell Investments will integrate responsible investing processes throughout the scheme’s investment portfolio to meet regulatory requirements and address key issues such as climate change, including the reduction of carbon exposures.
The partnership will also enhance governance practices and help the scheme meet its overall regulatory requirements.
The appointment builds upon Russell Investments’ experience in delivering innovative solutions to support institutional investors and follows a period of strong growth in its fiduciary management business. Russell Investments is responsible for managing over €95 billion** in fiduciary mandates globally.
Commenting on the appointment, Christiaan Tromp, Board member of SPA and Chair of the Investment Committee, said:
“After a competitive tender process, we are pleased to appoint Russell Investments as fiduciary manager for our scheme. The firm has a long record of providing independent fiduciary management solutions and services. We look forward to a successful partnership with Russell Investments, leveraging its expertise and scale to meet the long-term requirements of our members while strengthening our current governance practises.”
Joe Linhares, Head of EMEA at Russell Investments, added:
“There is growing demand for a more independent fiduciary management solution across Europe. We have honed our investment capabilities over 86 years working with large institutions around the world. This appointment reflects our deep expertise in fiduciary management and our commitment to Europe. We are excited to partner with SPA and look forward to working with its trustees to deliver a comprehensive solution that meets the scheme’s long-term goals, fully leveraging our global platform for the benefit of its members.”
*Source: SPA as at 29 September 2022
**Source: Russell Investments as at 30 June 2022
About Russell Investments
Russell Investments is a leading global investment solutions firm with €286 billion in assets under management (as of 30/06/2022) 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 86-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, Russell Investments has offices in 19 cities around the world, including in London, New York, Tokyo and Shanghai.
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.