Arjo UK Pension Scheme selects Kempen as its fiduciary manager
The Trustees of the pension scheme appointed Kempen’s fiduciary management team following a highly competitive tendering process which ran from the end of November 2020 into April 2021, and was overseen by Kevin Humpherson at Deloitte.
The mandate contributes to Kempen’s total client assets under management which stood at €88.3 billion as at 30 June 2021 and is part of a strong year as several UK schemes have selected Kempen as their new fiduciary manager.
Established in 1903, Kempen operates in the UK, the Netherlands and France. It has played a significant role in the consolidation of Dutch pension schemes and has managed fiduciary mandates in the UK since 2015. The company has strong ESG credentials, which are central to its investment philosophy.
Through this full fiduciary management mandate, Kempen will work with the Trustees to implement a collaborative investment strategy and work to achieve the Scheme’s and sponsoring employers’ funding objectives and journey to full funding.
Bob Lock, Chair of Trustees for the Arjo UK Pension Scheme, comments: “We liked Kempen’s investment strategy as it best fitted our flight plan and focused on investing in more longer-term funds. The Kempen team have been very open and proactive throughout the tender process, which has continued during the transition of our assets. Kempen was selected after a number of meetings over a six-month process in which high scores were achieved on all selection criteria. The good professional relationship with the Kempen team was also important in the process.”
Andre Keijsers, Managing Director at Kempen UK, comments: “We are proud that Arjo UK Pension Scheme has selected us to carry out their fiduciary management, and look forward to delivering on this choice through our bespoke solutions – always focusing on the best outcomes for scheme members. At Kempen we are acutely aware of the broader landscape of evolving UK pension schemes, and the deep responsibilities involved. We look forward to working with Arjo UK Pension Scheme for the long term.”
About Kempen Capital Management
Kempen Capital Management is a specialist asset manager with a focused approach and a clear investment philosophy. We believe in long-term stewardship for our clients and other stakeholders. Kempen provides sustainable returns, fiduciary management services, manager selection, portfolio construction and monitoring, alongside a number of actively-managed investment strategies. As of 30 June 2021, Kempen Capital Management had a total of €88.3 billion in client assets under management.
Kempen Capital Management, part of Van Lanschot Kempen, is a specialist and independent wealth manager. Kempen Capital Management NV is licensed as a manager of various UCITS and AIFs and authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets. Kempen Capital Management (UK) Ltd is licensed as an investment manager and authorised to provide investment services, and, as such, is subject to supervision by the Financial Conduct Authority.
For further details, please contact Vicky Casebourne: Vicky.Casebourne@kempen.co.uk