French independent financial adviser Althos Patrimoine has expanded its socially responsible investing investment range with the launch of an impact investing offering additionally to the ESG one launched last December.
Althos Patrimoine will select active and passive strategies aimed to finance sustainable development with the integration of ESG criteria. Clients choosing the impact investing option will be invested in funds such as Sycomore Happy @ Work or the Lyxor Green Bonds ETF, said the French IFA.
The Paris-based firm has designed three SRI options for its clients: traditional allocation that includes a SRI filter that favours ESG well-rated bond and equity funds; the ESG option that is comprised of formal ESG bond and equity strategies with best ratings; and now the impact investing option that consists of investing in thematic funds with a strong social and environmental impact.
Althos Patrimoine was established in 2009 by Bertrand Tourmente.