INDOS Financial, an independent fund depositary and oversight business, has appointed Seymour Banks as Head of ESG – Environmental, Social & Governance.
ESG & Responsible Investing
StatPro Group, an AIM-listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, has acquired the environmental, social and governance (ESG) research and index business unit (ECPI) from ECPI Group for EUR2.9 million (GBP2.6 million) in cash.
Kempen Capital Management (Kempen) has appointed Eszter Vitorino Fuleky to the position of Senior Responsible Investment Advisor. Within the Responsible Investment team, she will focus predominantly on corporate governance.
Independent asset manager Unigestion has enhanced its Environmental, Social and Governance (ESG) capabilities by implementing an ESG Risk Ratings solution from Sustainalytics.
Aegon Asset Management has made two new hires to strengthen its now 14-strong global responsible investment team.
Over 90 per cent of alternative investors believe UN SDGs will help financial industry address pressing global issues
An overwhelming majority (91 per cent) of investors in alternatives believe that the UN Sustainable Development Goals (SDGs) will help the financial industry address pressing environmental and social issues.
By Kevin Smith (pictured), Estera – The introduction of the Guernsey Green Fund (‘GGF’) has given both investors and managers a transparent product through which investments into green initiatives can be made. Most significantly, it effectively creates a ‘kitemark’, assuring investors that specific green criteria have been met and that their investments are having the desired, positive environmental impact.
Puro – the world’s first marketplace to kick-start CO2 removal from the atmosphere – has been launched as an internal startup at clean energy provider Fortum.
One aspect of change that has started influence the way alternative fund managers think about their strategies is the increased focus on sustainable investing among institutional allocators. ESG considerations are becoming part of the manager selection process, as a way to determine what ESP principals are being applied, how this affects the investment process, and what tools, if any, can be used to benchmark performance.
Style Analytics, a provider of factor-based analysis software for investment professionals, has entered into a distribution agreement with Sustainalytics, a specialist in ESG research, ratings and analysis, to serve the rapidly growing demand to integrate ESG considerations into the investment process.