As fund of fund manager, we selected about 25-30 companies which managed funds.
We based our analyse on several points :
- We list all assets managers who are signatories of the PRI
- We list all funds which integrate simultaneously ESG Factors
- We list all funds who have the french public label of Responsible Socialy Investment
We send a Due Diligence questionnary every year to know the asset managers we invest. One part is dedicated on their Responsible Investment : internal organisation, dedicated staff, labelized fund, ESG factors, list of exclusion of cluster bomb companies.
85% of assets managers we selected are signatories of PRI, more than 80% of our assets is under ESG Factors (one or 3 factors simulateanously, depending of the assets).
We launched in 2017 our second fund of funds invested in 100% in funds with french public label. Furthermore this fund have the particularity of being Solidary
The first fund managed is in partnership with La Financière Responsable, we have a feeder fund of LFR Actions Solidaires.
We are working on improving the ranking of the funds for ESG criterias using Morningstar analysis. They developed ESG scoring in their database and have a scoring of "E" "S" and "G" of all the funds we select.
Today we overweight significatively asset managers that have a real responsible investment policy. It's the reason why we have few assets on quantitative funds