People’s Partnership, provider of The People’s Pension, has today further strengthened its rapidly growing investment team with the appointment of Phil Butler as Deputy Chief Investment Officer.
Phil joins the leading workplace pension provider from M&G plc, where he was a multi-asset portfolio manager in the Treasury and Investment Office. Starting his new role this week (December 2), Phil will be overseeing the investment operations and responsible investing teams at People’s Partnership at its City of London office, which opened at the start of the year.
He joins at a time when The People’s Pension recently reached the £30bn assets under management milestone and is expected to reach £50bn in the next four years. Earlier this year the Scheme’s Trustee Board signalled its readiness to invest in private markets, due to the growing scale and expertise.
Commenting on his appointment, Phil said: “I’m delighted to be joining this fantastic organisation. The People’s Pension is one of the fastest growing asset owners in the UK and I have been impressed by their ambition and business outlook. I’m looking forward to working with such a talented team, one that is committed to securing the best outcomes for its 6.8 million members.”
Dan Mikulskis, the Chief Investment Officer at People’s Partnership, said: “Phil’s appointment underlines our commitment to building foundations for The People’s Pension becoming a world class asset owner. He will play a key role in helping People’s Partnership grow our team’s investment capabilities as we continue to make our increased scale work for members.”
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