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Lombard Odier Investment Managers appointed by Brunel Pension Partnership
All Roads multi-asset range selected for its strong risk management.
Lombard Odier Investment Managers (“LOIM”) has been appointed by the Brunel Pension Partnership, one of the eight Local Government Pension Scheme (LGPS) pools in the UK, as one of the managers for its Diversifying Returns Fund.
The Brunel Pension Partnership Limited manages around £30 billion of assets on behalf of 10 likeminded funds: Avon, Buckinghamshire, Cornwall, Devon, Dorset, Environment Agency, Gloucestershire, Oxfordshire, Somerset, and Wiltshire.
LOIM’s All Roads multi-asset strategy was launched in 2012 with the aim of providing investors with steady performance across market cycles by giving investors access to multiple sources of potential returns and diversification in a single portfolio and via an explicit focus on drawdown management. Today the team manages over £5 billion of assets, including assets from Lombard Odier’s Pension Scheme.
The mandate has been awarded following a competitive tender process.
Ritesh Bamania, Head UK and Ireland Institutional Clients and Solutions at LOIM, said: “The Brunel Pension Partnership is recognised for its rigorous risk management and sustainability focus. We are pleased they identified the same rigour in LOIM and have chosen our All Roads range as part of their Diversifying Returns Fund.
“The importance of seeking strong returns and low drawdowns is greater than ever for long term investors such as pension schemes, especially in periods of high volatility. While pension funds might have a longer investment horizon, their focus on maintaining strong funding ratios has increased and so has the need to maintain liquid funds to pay for increasing pension outgo and/or meet calls for illiquid assets. As a result of this, we’ve seen consistent and increased interest in our multi-asset range over the past years given our innovative approach to diversification and drawdown management. We are delighted with the confidence shown by Brunel in our strategy and years of experience in multi-asset investing and look forward to a mutually beneficial relationship.”
Emily Booth, Senior Investment Officer at Brunel Pension Partnership, said: “Brunel were seeking a strategy whose risk budget is set systematically yet is highly responsive to changing market conditions. We were impressed by the pragmatic approach of Aurèle and the team, making adaptations to improve the ESG profile within the constraints of liquidity and constantly researching and enhancing the process.”
Aurèle Storno, CIO for Multi-Asset at LOIM, said: “Our most recent experience shows again that markets can move in ways we cannot forecast and our role as investors is to confront them. This is only possible if you’re sufficiently nimble. We have always focused on maintaining high liquidity in our portfolios and structured our multi-asset range in a way that allows us to be flexible and efficient, with the objective to offer stable returns to our investors.”
About Lombard Odier IM
Lombard Odier Investment Managers is the asset management business of the Lombard Odier Group, which has been wholly owned and funded by its partners since its establishment in 1796.
Our independent structure and our partners’ involvement in the day-to-day management of the firm allows us to focus entirely on our clients’ needs, fostering trust and alignment of interest. Throughout our history, we have been rethinking the old and embracing the new in our efforts to help our clients achieve their objectives in a changing world.
We provide a range of investment solutions to a group of clients that are all long-term oriented in their many and diverse ways. Our heritage, and our combination of the best of conservatism and innovation, keeps us well-positioned to create lasting value for our clients. Our investment capabilities span Fixed Income, Convertible Bonds, Equities, Multi-Asset and Alternatives.
Sustainability is absolutely central to our investment philosophy; we believe it is the founding principle of economic outcomes, and will drive investment returns over the long term.
With more than 140 investment professionals, we are a global business with a network of 13 offices across Europe, Asia and North America and have assets under management of 56 billion CHF (as at 30 June 2020).
For more information: www.lombardodier.com
About Brunel Pension Partnership
Brunel Pension Partnership (Brunel) brings together circa £30 billion investments of 10 likeminded Local Government Pension Scheme funds. We believe in making long-term sustainable investments supported by robust and transparent process. We are here to protect the interests of our clients and their members. In collaboration with all our stakeholders we are forging better futures by investing for a world worth living in.
Brunel is one of eight national LGPS pools and will manage the investment of the pension assets for the funds of Avon, Buckinghamshire, Cornwall, Devon, Dorset, Environment Agency, Gloucestershire, Oxfordshire, Somerset and Wiltshire.
www.brunelpensionpartnership.org
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Informazioni importanti.
This document has been issued by Lombard Odier Funds (Europe) S.A. a Luxembourg based public limited company (SA), having its registered office at 291, route d’Arlon, 1150 Luxembourg, authorised and regulated by the CSSF as a Management Company within the meaning of EU Directive 2009/65/EC, as amended; and within the meaning of the EU Directive 2011/61/EU on Alternative Investment Fund Managers (AIFMD). The purpose of the Management Company is the creation, promotion, administration, management and the marketing of Luxembourg and foreign UCITS, alternative investment funds ("AIFs") and other regulated funds, collective investment vehicles or other investment vehicles, as well as the offering of portfolio management and investment advisory services.
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