Edmond de Rothschild Asset Management (France) strongly believes in incorporating ESG considerations (Environment-Social-Governance) across its investment strategies in a reasonable and gradual manner.
Following the launch of our first ecofund in 2007 and our first Socially Responsible Investment fund (SRI) in 2009, we have developed a particularly robust SRI expertise. By developing a proprietary SRI analytical and investment capability, Edmond de Rothschild Asset Management (France) has built a framework that will allow us to integrate gradually material ESG considerations, such as climate change issues, within the relevant asset classes of its management.
This investment capability was particularly well received by our institutional clients, investors who stand at the forefront of the SRI market and who entrusted us with SRI mandates.
Formalized in 2012, Edmond de Rothschild Asset Management (France)'s Responsible Investment (RI) Policy is intended to apply gradually, and in a scalable manner, to all its investments.
This policy is implemented, updated and validated every year under the supervision of the in-house RI Committee : chaired by the CIO and composed of representatives of several operational departments of Edmond de Rothschild Asset Management (France) (eg, compliance, sales, RI, marketing,...), this RI Committee ultimately reports to the Executive Board.
Since 2007, Edmond de Rothschild Asset Management (France) has developed strong skills through complementary and high-value-added Responsible Investment approaches, which address the diversity and complexity of its clients' sustainable development concerns. This choice of diversity is also driven by two strong convictions:
these approaches contain the seeds of tomorrow's asset management market and financial analysis, through the identification of new potential material ESG issues (risks and opportunities) that could impact the financial performance of our investments.
these approaches could contribute to a collective effort to create a positive impact for a sustainable development of the economy and the society.
An ESG research is available for around 6 000 European and global companies and for funds selection/multi-management expertise.
Consequently, to this day, Edmond de Rothschild Asset Management (France)'s responsible investment is implemented:
· for the European and US equities with the development of 2 SRI equity funds, 2 SRI mandates and the implementation of an ESG integration process.
· for the corporate bonds expertise with the development of one SRI corporate bond fund and the access to the ESG research on the corporate debt issuers by the fixed income portfolio managers. The integration of ESG data related to corporate debt issuers within our in-house instruments reference data has started in 2017.
· for the fixed income SSA (only the sovereign debt issuers of the Euro zone are covered within this category for the moment: our sovereign debt strategy completed in 2017 the implementation of its advanced ESG integration approach
· for the Funds selection / Multi-management with the implementation of an advanced ESG integration process and, the development of an expertise related to the selection of Sustainable funds achieved in the winter 2017 with the launch of one SRI mandates for the private clients of the Edmond de Rothschild group.
The coverage terms and conditions of our overall RI/ ESG expertise are described within the RI policy and other correlated documents publicly available on our website (see SG 02.2.).