PRI Offers Guidance on Asset Owner Relationships with Asset Managers

The new series offers guidance on the selection, appointment and monitoring of investment managers, reflect growing demand for sustainable investment.

The UN-backed Principles for Responsible Investment (PRI) has released three new guides for asset owners on the selection, appointment and monitoring of investment managers to facilitate better incorporation of ESG values.

The PRI said the guides reflect growing demand among asset owners for investment managers to incorporate sustainable investment principles into their investment decisions and processes. In 2019, 68% of the PRI’s 550+ asset owner signatory base addressed ESG considerations in their requests for proposals from investment managers.

“We apply a due diligence process explicitly covering ESG aspects, which along with the implementation of ESG benchmarks allows us to have both the right measurement and appropriate incentives for our asset managers in place,” said Claudia Bolli, Head of Responsible Investment at Swiss Re.

The three guides are intended to provide investors with the tools to systematically integrate sustainable investing into their selection, appointment and monitoring processes. They draw on practices from … [continues]

Read the full article on Regulation Asia’s sister publication, ESG Investor.

 

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