The Etablissement de Retraite Additionnelle de la Fonction Publique (ERAFP) has appointed Sycomore Asset Management to manage a socially responsible investment (SRI) French small capitalisation mandate.
The mandate has a target size of £150m and will be co-managed by founding partner Cyril Charlot and head of environmental social and governance (ESG) research Lea Dunand-Chatellet.
ERAFP is a public pension fund in France with around 4.6m beneficiaries and approximately €14bn of assets invested in socially responsible investments.
Laurent Deltour, Sycomore Asset Management chairman and co-founder said: "This decision made by ERAFP, a leading public pension fund in France, is validating our approach in ESG research based exclusively on a proprietary analysis; which allows us to integrate small & mid capitalisation firms and construct differentiated SRI portfolios."
First published 04.12.2013
monique_simpson@wilmington.co.uk
