mast image

Impact Investing

IPE special report May 2018

Sections

Credit Agricole wins KLM emerging market mandate

NETHERLANDS/FRANCE – Blue Sky Group, manager of the 6.5 billion euro pension fund of Dutch airline KLM, has appointed Credit Agricole Asset Management to run a global emerging market equity mandate.

Credit Agricole Asset Management, the wholly-owned subsidiary of Credit Agricole SA, will be managing a 42 million dollar mandate in global emerging market equities for the KLM scheme. The mandate will be run through CAAM’s partner, Emerging Markets Management in the US.

Previously, Blue Sky ran its emerging market equities on a passive basis, but believes that an active approach may add significant value over the benchmark. Indeed the scheme has changed its entire strategy. Eighty percent of the fund was run on a passive basis but now 100% of the fund is managed actively. The scheme’s other managers are Pictet and WestAM.

Credit Agricole Asset Management has over 165 billion euros in assets under management worldwide.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

  • RE-2441

    Closing date: 2018-05-31.

Begin Your Search Here