In the context of the SRI fund selection for the SRI mandate, our financial and extra-financial due diligence allows us to select funds, reconciling financial performance and quality of responsible investment in several asset classes (equity, credit, etc.).
However, this type of request has limits for our "mainstream" fund selection expertise: we cannot express strict requirements, being one investor in the funds among others. On the other hand, we can seek to convince them about the importance of some ESG issues for Edmond de Rothschild Asset Management (France) and that we would like to see taken into account in order to influence the practices of mainstream funds (e.g. signing the PRI, excluding anti-personnel mines/cluster bombs, measuring the portfolio’s carbon footprint) or SRI (ESG quality of the portfolio/benchmarking, indicators on ESG impact, green part of the investments, etc.).