JP Morgan Alternative Asset Management (JPMAAM) is strengthening its efforts to assist hedge fund managers who are interested in increased adoption of environmental, social and governance factors into their underlying strategies and businesses.
This week JPMAAM hosted its first ESG Forum at its New York headquarters, bringing together a diverse range of hedge fund managers interested in learning more about institutional client interest in ESG, enhancing alpha with ESG, and best practices for incorporating ESG factors into their businesses.
“In our hedge fund solutions business we are seeing increased interest from our clients in the ESG practices of our underlying managers, and we are committed to integrating ESG factors into our own due diligence process,” says Jamie Kramer (pictured), head of the Alternative Solutions Group and ESG Lead for JP Morgan Asset Management. “We view this as an opportunity to share what we’ve learned in our consideration of ESG factors, highlighting ways to use ESG not only to become a better company, but also to become better investors.”
Going forward, JPMAAM plans to continue the discussion begun by the ESG Forum, working with hedge fund managers to further the adoption of ESG for the benefit of the industry and investors.