Smart and Natixis Investment Managers Announce Strategic Investment to Deliver Leading Workplace Pension Solutions
Smart, a leading savings technology platform and UK fintech company, and Natixis Investment Managers (Natixis IM) announced that Natixis IM has made a strategic investment in Smart, combining their expertise to develop and deliver leading workplace pension market solutions in the UK and globally.
Since its launch in 2014, Smart has grown rapidly, helping tens of thousands of UK employers meet their auto enrolment obligations, as well as providing workplace savings technology solutions in Dubai and the Republic of Ireland. Natixis IM’s equity stake forms a part of Smart’s ongoing preferred investment round and will help position the fintech for rapid international expansion as it looks to enter the United States and Australian markets. It follows on Smart’s recently announced strategic partnership with Link Group, one of the largest Australian Super Fund administrators.
Commenting on the investment, Andrew Evans, CEO, Smart, said: “We are really proud to welcome Natixis Investment Managers as a strategic investor in Smart. Natixis IM shares our vision of utilising digital technologies to help improve outcomes for all savers, and we look forward to working with Natixis IM as we build our platform to power the pensions of the future. Having access to their broad suite of affiliate investment capabilities will help us develop ever more innovative investment solutions for our members, including the use of illiquid alternative solutions. Natixis IM’s strategic investment supports our ambitious international growth plans as we look to branch out into the United States and Australia following our successful platform deployments in Dubai and the Republic of Ireland implemented earlier this year.”
Jean Raby, CEO, Natixis Investment Managers, added: “Natixis IM’s equity investment will help accelerate our growth in Defined Contribution pension markets in the UK and globally while also helping to support the global growth of Smart through the wide range of investment capabilities of our affiliated managers, particularly in alternative strategies. This investment is part of the ongoing commitment by Natixis IM to focus on the types of innovative platforms and business models that are leading change across our industry.”
Natixis IM joins Link Group, the leading administrator in the Australian superannuation market, Legal & General Investment Management, and J.P. Morgan as equity investors in Smart.
Read the full Press Release
About Smart
Smart is a global savings and investments technology platform provider. Founded in 2014, Smart is one of the UK's largest providers of workplace pensions through the Smart Pension Master Trust. Its award-winning UK master trust is overseen by independent professional trustees, and, as well as the UK, its technology platform is also live in Dubai and the Republic of Ireland.
Smart is backed by Legal & General Investment Management (LGIM), J.P. Morgan and Link Group, and now Natixis.
For more information visit: https://www.smart.co/
Natixis Investment Managers
RCS Paris 453 952 681
Capital: €178 251 690
43 avenue Pierre Mendès France
75013 Paris
www.im.natixis.com
Natixis Investment Managers UK Limited
One Carter Lane, London, EC4V 5ER.
Authorised and regulated by the UK Financial Conduct Authority (register no. 190258).
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Since its launch in 2014, Smart has grown rapidly, helping tens of thousands of UK employers meet their auto enrolment obligations, as well as providing workplace savings technology solutions in Dubai and the Republic of Ireland. Natixis IM’s equity stake forms a part of Smart’s ongoing preferred investment round and will help position the fintech for rapid international expansion as it looks to enter the United States and Australian markets. It follows on Smart’s recently announced strategic partnership with Link Group, one of the largest Australian Super Fund administrators.
Commenting on the investment, Andrew Evans, CEO, Smart, said: “We are really proud to welcome Natixis Investment Managers as a strategic investor in Smart. Natixis IM shares our vision of utilising digital technologies to help improve outcomes for all savers, and we look forward to working with Natixis IM as we build our platform to power the pensions of the future. Having access to their broad suite of affiliate investment capabilities will help us develop ever more innovative investment solutions for our members, including the use of illiquid alternative solutions. Natixis IM’s strategic investment supports our ambitious international growth plans as we look to branch out into the United States and Australia following our successful platform deployments in Dubai and the Republic of Ireland implemented earlier this year.”
Jean Raby, CEO, Natixis Investment Managers, added: “Natixis IM’s equity investment will help accelerate our growth in Defined Contribution pension markets in the UK and globally while also helping to support the global growth of Smart through the wide range of investment capabilities of our affiliated managers, particularly in alternative strategies. This investment is part of the ongoing commitment by Natixis IM to focus on the types of innovative platforms and business models that are leading change across our industry.”
Natixis IM joins Link Group, the leading administrator in the Australian superannuation market, Legal & General Investment Management, and J.P. Morgan as equity investors in Smart.
Read the full Press Release
Smart is a global savings and investments technology platform provider. Founded in 2014, Smart is one of the UK's largest providers of workplace pensions through the Smart Pension Master Trust. Its award-winning UK master trust is overseen by independent professional trustees, and, as well as the UK, its technology platform is also live in Dubai and the Republic of Ireland.
Smart is backed by Legal & General Investment Management (LGIM), J.P. Morgan and Link Group, and now Natixis.
For more information visit: https://www.smart.co/
Natixis Investment Managers
RCS Paris 453 952 681
Capital: €178 251 690
43 avenue Pierre Mendès France
75013 Paris
www.im.natixis.com
Natixis Investment Managers UK Limited
One Carter Lane, London, EC4V 5ER.
Authorised and regulated by the UK Financial Conduct Authority (register no. 190258).
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.