Aviva Investors France, the French investment subsidiary of Aviva Investors, has been granted the socially responsible investment label backed by the French authorities for two of its strategies: Afer Diversifié Durable and Aviva Monétaire ISR.
The Afer Diversifié Durable fund selects securities that meet SRI criteria and seeks to outperform its composite benchmark – 60% Bloomberg Barclays Capital Euro Aggregate 5-7 years + 40% Euro Stoxx (Dividends Reinvested) – over a rolling five-year period.
The Aviva Monétaire ISR fund invests in SRI-compliant securities in money markets and seeks to outperform the Eonia Capitalised.
Aviva Investors has a seven-strong team dedicated to SRI. Denis Lehman, head of Asset Management at Aviva Investors France, welcomed the labelling of the two funds as an important step in the SRI policy of the manager.