The People’s Pension appoints Amundi and Invesco to manage £28 billion in assets | People's Partnership

UK-based The People’s Pension has appointed Amundi and Invesco to manage £28 billion in assets, marking a significant evolution in its investment strategy. Amundi will manage £20 billion in passive developed market equities, focusing on climate-focused indices, while Invesco will handle over £8 billion in fixed income investments, incorporating net zero alignment and ESG analysis. This move aligns with The People’s Pension’s commitment to responsible investment and long-term value creation for its nearly seven million members. The transition to segregated mandates with Northern Trust provides greater control and transparency.