Stichting Pensioenfonds Atos, Amstelveen, Netherlands appointed Russell Investments as fiduciary manager for its €2.3 billion ($2.3 billion) in assets.
Russell will work on the investment strategy, provide strategic asset allocation insights and take ESG considerations into account for the digital company's Dutch pension fund, Russell said in a news release.
The appointment followed a competitive procurement process, Christiaan Tromp, SPA board member and chairman of the investment committee, said in the release. "We look forward to a successful partnership with Russell Investments, leveraging its expertise and scale to meet the long-term requirements of our members while strengthening our current governance practises."
Russell manages more than €95 billion in fiduciary management allocations globally.
Executives at SPA could not be reached for comment.
