Sycomore Asset Management launches fund based on worker satisfaction

French boutique Sycomore Asset Management has announced the launch of a fund focusing on employees’ satisfaction, Sycomore Happy@Work.

This fund is a FCP (fonds commun de placement) domiciled in France targeting institutional investors. It strengthens the SRI range of products of the firm, with four open-ended funds and over €600m of assets under management.

The Sycomore Happy@Work fund aims to outperform the Eurostoxx TR Index.

The firm’s analysis includes ESG performance indicators defined by its research team. The investment team will proceed to field surveys in order to assess employee satisfaction levels.

Christine Kolb, founding partner and head of Business Development at Sycomore AM, said : “We live in a world which puts innovation at the heart of company performance  and we are repositioning human capital as a key element in the creation of sustainable value.”

Cyril Charlot, founding partner and manager of the Sycomore Happy@Work, explained that the firm has identified three factors promoting professional fulfillment and “hallmarks of sustainable performance” : the quality of work life, motivation and empowerment.

“They improve an employee engagement and help drive productivity. A contended employee is more efficient and creative and feels more involved,” he added.

Founded in 2001, Sycomore AM has €3bn of assets under management in open-end funds and dedicated mandates for major French SRI investors such as Erafp and FRR.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!