Currency manager Record Currency Management (Record) has been accepted as a signatory to the Principles for Responsible Investment (PRI), and is one of the first dedicated currency managers to do so.
James Wood-Collins, Record’s Chief Executive, says: “Record has long had a policy of managing its business in a socially-responsible fashion. We are delighted now to be in the lead amongst currency managers seeking to incorporate ESG issues into our investment practice as well as our business management. While the nature of the portfolios that we manage on our clients’ behalf imposes some particular challenges, we are excited about exploring further the opportunities to integrate these issues into investment decisions.”
The six Principles for Responsible Investment offer a menu of possible actions for incorporating environmental, social and governance (ESG) issues into investment practice. The Principles were developed by investors, for investors. In implementing them, signatories contribute to developing a more sustainable global financial system. They have attracted a global signatory base representing a majority of the world’s professionally managed investments. The PRI is supported by, but not part of, the United Nations.
