Amundi has announced the launch of a European Equity Fund and an Asia Multi-Asset Target Income Fund.

The European Equity Fund is predicted to outperform the MSCI Europe Index benchmark over the medium term, by delivering returns through investment in European listed stocks.
The Asia Multi-Asset Target Income Fund will aim to generate income across Asian asset classes, sectors, and countries. Its diversified portfolio will use innovative approaches such as option writing and balanced factor exposure in its stock and bond selection process.
Asia remains one of the most dynamic regions, which offers a vast number of investment opportunities in a maturing and highly diversified market. Amundi group chief investment officer, Vincent Mortier, said: “As the investment universe continues to change, the demand for quality, fundamental active portfolio management that can effectively identify attractive investment cases has increased. Through these funds, we are pleased to offer investors exposure to Europe and Asia, two dynamic growth regions.”

The People’s Pension has reached £30bn AUM.

The master trust said that it is expecting to reach £50bn AUM within the next five years and is set to become one of the world’s top 100 asset owners in the next decade. People’s Partnership, which provides The People’s Pension to more than 6.5 million members from over 100,000 employers, has grown from £5bn AUM since 2018, and currently processes over £4bn a year in contributions. Commenting on the milestone, People’s Partnership CEO, Patrick Heath-Lay, said: “This is a very significant moment for us, and we are on a path to becoming a £100 billion fund, which would make us one of the biggest in the world. Becoming a major asset owner will enable us to invest in a wider range of asset classes to generate higher returns and even more value for money for our members. It will also mean that we can positively influence environmental and social standards companies need to meet to be invested in our portfolio.”

Isio has launched an enhanced employee benefits platform.

The independent pensions and employee benefits consultancy provider has announced the re-launch of the newly rebranded ‘Isio.beam’ platform, formerly Gateway2Benefits. Isio.beam provides a suite of employee benefits, allowing employers to offer flexible benefits, total reward statements, and access to employee discounts and recognition. The rebranded platform now includes two new modules to improve employee wellbeing and engagement. Iso director of reward and benefits, Alexis Parrish, commented: “We are thrilled to introduce Isio.beam to our clients as a new, powerful, and more modern benefits platform. The redesign reflects our commitment to providing top-tier employee benefits solutions. By integrating new features focused on financial wellbeing and reward and recognition, we are confident that Isio.beam will significantly improve employee satisfaction and retention.”

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