Liontrust adds to Sustainable Advisory Committee
Liontrust, the specialist fund management group, has expanded its Sustainable Advisory Committee through the appointment of Valborg Lie.
Lie has extensive experience and knowledge of Sustainable Investment, including through her previous role as Head of Responsible Investment (RI) with the Asset Management Team at the Norwegian Ministry of Finance, which holds the role of principal for the Norwegian Government Pension Fund Global.
She is Founding Director of Borg Consulting, which advises investors on the development and implementation of RI policies and practices, including stewardship activities and ESG (Environmental, Social and governance) integration.
During the autumn of 2017, Lie was sub-contracted to coordinate a landmark research project to map and assess global RI best practices. The project was commissioned by the Norwegian Ministry of Finance and carried out by Inflection Point Capital Management.
The Liontrust Sustainable Advisory Committee provides external oversight and scrutiny of, and guidance to, the Liontrust Sustainable Investment team, which manages GBP3.3 billion (as at 31 December 2018).
This includes ensuring the team focuses on engagement that benefits the funds they manage and helping to develop the team’s investment themes through the Advisory Committee’s knowledge of societal, environmental and economic trends.
Lie joins an authoritative group of people on the Advisory Committee that have expertise in key areas of social and environmental impact. They are: Sophia Tickell, Co-founder and Director of Meteos and Non-executive Director of Liontrust Asset Management; Jonathon Porritt, Founder Director of Forum for the Future; Tony Greenham, Director of Economy, Enterprise and Manufacturing at the RSA; and Tim Jackson, Professor of Sustainable Development at the University of Surrey and Director of the Centre for the Understanding of Sustainable Prosperity (CUSP).
Liontrust’s Head of Sustainable Investment Peter Michaelis (pictured), says: “Valborg brings experience from the asset owner side of the fence, where she has applied and overseen responsible investment policies at a senior level. She also brings a broader European perspective, having worked for eight years at the Norwegian Ministry of Finance.”
“As a consultant within responsible investment, Valborg’s breadth of knowledge and experience will greatly complement the existing committee.”
Lie adds: “I am excited to be working with the Liontrust team given their long track record dating back to 2001 and their integrated approach to Sustainable Investment. There is a highly welcome and growing demand for responsible and sustainable investment solutions among investors and a matching move among an increasing number of asset managers to assert ESG credentials and launch funds to capture the increasing flows.”
“This makes it even more important that investors understand how responsible and sustainable investment funds are managed and that transparency around criteria, engagement and impact is accompanied by ongoing dialogue between investor and manager.”