Schroders leads the pack in responsible investing
29 March 2017
Schroders has topped an influential survey ranking the biggest asset managers in Europe according to how well they have embedded responsible investment (RI) into their processes.
Campaign group ShareAction recently carried out analysis of the RI activities of 40 investment management firms. The report is intended to act as a tool for investment clients in their efforts to evaluate and select asset managers in this area, as well as to identify and spread industry best practice.
Schroders led the pack, scoring 82 points out of a possible 90, ranked ahead of Robeco Group (81) and Aviva Investors (80) who were classified in second and third-place respectively.
ShareAction ranked the firms according to their level of transparency, including the accessibility of information about voting and engagement with investee companies, conflicts of interest policies and the disclosure of investment fees and charges.
Asset managers were also asked to disclose how their investment process incorporates environmental, social and governance (ESG) factors relevant to the investment process.
These questions included measuring the tangible impact of asset managers’ investment decisions, including their stewardship work.
Jessica Ground, Global Head of Stewardship, Schroders, said:
“We’re delighted to have been named top in this survey. Our team has worked hard over the past two years making client reporting more engaging, producing more insightful thematic research and improving corporate governance procedures.
“It is also very pleasing to be recognised more broadly for Schroders’ approach to transparency across company voting and engagement, conflicts of interest management and fee charges. It is great to see our effort recognised externally.”
Catherine Howarth, Chief Executive of ShareAction, said:
“The leaders in this year’s report should be applauded for their stewardship of client assets as well as for the quality of information disclosed on investment costs, handling of conflicts of interest, and real-world impacts of responsible investment practice.”
The study rated asset managers based on publicly available information and a detailed questionnaire that allowed the firms to explain in more detail how their investment process incorporated ESG factors relevant to investment performance.
The asset managers surveyed represented over €21 trillion (£18 trillion) of investments on behalf of pension schemes, charities, universities, and individuals across the world.
Click here for further information about the report.
For further information, please contact:
Estelle Bibby Tel: +44 (0)20 7658 3431 / firstname.lastname@example.org
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Notes to Editors
For trade press only. To view the latest press releases from Schroders visit: http://ir.schroders.com/media
Schroders is a global asset management company with responsibility for £397.1 billion (EUR 465.2 billion/$490.7 billion) assets under management and administration as at 31 December 2016. Our clients are major financial institutions including pension funds, banks and insurance companies, local and public authorities, governments, charities, high net worth individuals and retail investors.
With one of the largest networks of offices of any dedicated asset management company, we operate from 41 offices in 27 countries across Europe, the Americas, Asia, Middle East and Africa. Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.
Further information about Schroders can be found at www.schroders.com.