Pension Funds Insider

Pension Funds Insider brings the latest pensions news and industry insights; from investment and governance updates to new mandate appointments and pensions regulatory information.

ERAFP hires equity SRI small cap manager

06 December 2013

Image for ERAFP hires equity SRI small cap manager

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