Maple-Brown Abbott consider ESG issues in the strategic allocation of assets between geographic markets for both our Asian Equity and Global Listed Infrastructure (GLI) products.
Relating to Maple-Brown Abbott’s Asian Equity products: Maple-Brown Abbott consider the geopolitical risk and governance related regulatory environment in the strategic allocation of assets between geographic markets. On these grounds, Maple-Brown Abbott do not currently invest in Pakistan.
Relating to Maple-Brown Abbott’s GLI: In determining the Focus List of investable stocks, Maple-Brown Abbott considers attributes including inflation protection and volatility. Geopolitical stability is considered in the assessment of volatility, and stocks listed in countries with unstable geopolitical regimes, with a history of poor governance structures and a higher risk of bribery and corruption, such as Russia, are currently considered uninvestable and are not included on the Focus List.