A total of 1,191 investment firms have signed the principles for responsible investment set by the United Nations, as of 7 August 2017.
The six principles engage the signatories to:
- incorporate ESG issues into investment analysis and decision-making processes;
- be active owners and incorporate ESG issues into their ownership policies and practices;
- seek appropriate disclosure on ESG issues by the companies in which they invest;
- promote acceptance and implementation of the principles within the investment industry;
- work to enhance their effectiveness in implementing the principles;
- report on all activities and progress
Pictet Alternative Advisors, the alternative investment arm of Swiss financial group Pictet, has been among the latest companies to have joined the list.
The firm recently saw the appointment of Heinrich Merz as head of Hedge Funds, following the departure of Jean-Pierre Selvatico to Systematica.
Another signatory of the UN PRI last month has been Banque de Luxembourg Investments, which has been involved in the microfinance segment since 2008.
Managers to have signed the UN PRI in July include Jardim Botânico Investimentos, Perpetual Private, Star America Infrastructure Partners, Morphic Asset Management, Geode Capital Holdings, EMK Capital, Dutch Mortgage Funding Company, Adamantem Capital, Oceana Investimentos, Veritas Asset Management, Lennox Capital Partners, Renaissance Property Securities, Verod Capital Management, Fisher Funds Management, Gateway Partners and BDL Capital Management.
The $95.9bn British manager (as of end June 2017) Man Group has joined the list on 4 August 2017.
Five more companies have engaged to respect the UN PRI since the start of August: Thornburg Investment Management, Marathon Asset Management, Crossmark Global Investments, LimeVest Partners, Qualitas Equity Partners.