The Etablissement de retraite additionnelle de la fonction publique (Erafp), the French public service additional pension scheme, has awarded a joint €400m mandate to Comgest and RobecoSAM.
The mandate will be invested in Asian and Japanese equities through a responsible investment strategy.
Arnaud Cosserat, CIO at Comgest, commented: “To be awarded this mandate from a prestigious organisation such as Erafp is testament to our team’s valuable expertise, following over 20 years of successful investing in Japan and Asia, and to our robust investment strategy that seeks to identify quality growth companies that will outperform over the long term.
“This portfolio will place particular emphasis on our integrated ESG approach that has become signature to Comgest’s quality-driven investment style.”
Philippe Desfossés, CEO of Erafp, said: “Comgest’s selection for this mandate makes sense as their team has a disciplined investment philosophy with a successful long term track record in combining strong performance.”
Comgest manages over €18.7bn in assets as at 31 December 2014.