This report shows public data only. Is this your organisation? If so, login here to view your full report.

Global Evolution

PRI reporting framework 2020

You are in Direct - Fixed Income » ESG incorporation in actively managed fixed income » (A) Implementation: Screening

(A) Implementation: Screening

FI 04. Types of screening applied

04.1. Indicate the type of screening you conduct.

Select all that apply
SSA
Negative/exclusionary screening
Positive/best-in-class screening
Norms-based screening

04.2. Describe your approach to screening for internally managed active fixed income

 

NEGATIVE SCREENING

Global Evolution maintains proprietary ESG ratings for all emerging and frontier market countries. Our sovereign exclusion process is based on the levels and dynamics of our ESG ratings in order to convey our corporate values for ethical and responsible investing.

 

POSITIVE SCREENING

To inform our investment process, we integrate ESG indicators into our valuation analysis for bonds, nominal exchange rates, and real effective exchange rates. E, S, and G indicators are integrated into econometric valuation models alongside other macro and financial indicators to the extent they generate statistical significance and forecasting power.

 

In addition, our proprietary ESG-adjusted sovereign credit ratings also serve to inform our investment process by providing a high-frequent outlook and rating for sovereign creditworthiness.

04.3. Additional information. [Optional]


FI 05. Examples of ESG factors in screening process

05.1. Provide examples of how ESG factors are included in your screening criteria.

Type of fixed income

ESG factors

Screening

Description of how ESG factors are used as the screening criteria

NEGATIVE SCREENING

Global Evolution maintains proprietary ESG ratings for all emerging and frontier market countries. Our sovereign exclusion process is based on the levels and dynamics of our ESG ratings in order to convey our corporate values for ethical and responsible investing.

 

POSITIVE SCREENING

To inform our investment process, we integrate ESG indicators into our valuation analysis for bonds, nominal exchange rates, and real effective exchange rates. E, S, and G indicators are integrated into econometric valuation models alongside other macro and financial indicators to the extent they generate statistical significance and forecasting power.

 

In addition, our proprietary ESG-adjusted sovereign credit ratings also serve to inform our investment process by providing a high-frequent outlook and rating for sovereign creditworthiness.

 

At Global Evolution, we have conducted extensive ground-breaking research into the relationship between sovereign debt investing and Environmental, Social, and Governance (ESG) indicators. We have found clear correlation between the sovereign funding costs and ESG dynamics, with governance, unsurprisingly, the most prevalent.

The quantitative valuation models effectively provide us with statistically significant valuation signals that are partly based on ESG dynamics and partly based on macroeconomic, financial, and fiscal dynamics. The models provide us with such statistically significant valuation signals, i.e. “trade ideas”, at a weekly basis which informs our investment process.

By not integrating ESG dynamics into investment decisions, investors sacrifice essential information. Our quantitative approach reveals a clear ESG historical “dividend” which is conducive for a successful investment process.

Type of fixed income

ESG factors

Screening

Description of how ESG factors are used as the screening criteria

NEGATIVE SCREENING

Global Evolution maintains proprietary ESG ratings for all emerging and frontier market countries. Our sovereign exclusion process is based on the levels and dynamics of our ESG ratings in order to convey our corporate values for ethical and responsible investing.

 

POSITIVE SCREENING

To inform our investment process, we integrate ESG indicators into our valuation analysis for bonds, nominal exchange rates, and real effective exchange rates. E, S, and G indicators are integrated into econometric valuation models alongside other macro and financial indicators to the extent they generate statistical significance and forecasting power.

 

In addition, our proprietary ESG-adjusted sovereign credit ratings also serve to inform our investment process by providing a high-frequent outlook and rating for sovereign creditworthiness.

 

At Global Evolution, we have conducted extensive ground-breaking research into the relationship between sovereign debt investing and Environmental, Social, and Governance (ESG) indicators. We have found clear correlation between the sovereign funding costs and ESG dynamics, with governance, unsurprisingly, the most prevalent.

The quantitative valuation models effectively provide us with statistically significant valuation signals that are partly based on ESG dynamics and partly based on macroeconomic, financial, and fiscal dynamics. The models provide us with such statistically significant valuation signals, i.e. “trade ideas”, at a weekly basis which informs our investment process.

By not integrating ESG dynamics into investment decisions, investors sacrifice essential information. Our quantitative approach reveals a clear ESG historical “dividend” which is conducive for a successful investment process.

Type of fixed income

ESG factors

Screening

Description of how ESG factors are used as the screening criteria

NEGATIVE SCREENING

Global Evolution maintains proprietary ESG ratings for all emerging and frontier market countries. Our sovereign exclusion process is based on the levels and dynamics of our ESG ratings in order to convey our corporate values for ethical and responsible investing.

 

POSITIVE SCREENING

To inform our investment process, we integrate ESG indicators into our valuation analysis for bonds, nominal exchange rates, and real effective exchange rates. E, S, and G indicators are integrated into econometric valuation models alongside other macro and financial indicators to the extent they generate statistical significance and forecasting power.

 

In addition, our proprietary ESG-adjusted sovereign credit ratings also serve to inform our investment process by providing a high-frequent outlook and rating for sovereign creditworthiness.

 

At Global Evolution, we have conducted extensive ground-breaking research into the relationship between sovereign debt investing and Environmental, Social, and Governance (ESG) indicators. We have found clear correlation between the sovereign funding costs and ESG dynamics, with governance, unsurprisingly, the most prevalent.

The quantitative valuation models effectively provide us with statistically significant valuation signals that are partly based on ESG dynamics and partly based on macroeconomic, financial, and fiscal dynamics. The models provide us with such statistically significant valuation signals, i.e. “trade ideas”, at a weekly basis which informs our investment process.

By not integrating ESG dynamics into investment decisions, investors sacrifice essential information. Our quantitative approach reveals a clear ESG historical “dividend” which is conducive for a successful investment process.

Type of fixed income

ESG factors

Screening

Description of how ESG factors are used as the screening criteria

integrated indicator in our econometric valuation model

Type of fixed income

ESG factors

Screening

Description of how ESG factors are used as the screening criteria

integrated indicator in our econometric valuation model

05.2. Additional information.

PHILOSOPHY

In partnership with our investors, we are committed to leaving a legacy of impact investing, which assists in the process of lifting nations out of poverty.

 

NEGATIVE SCREENING

Global Evolution maintains proprietary ESG ratings for all emerging and frontier market countries. Our sovereign exclusion process is based on the levels and dynamics of our ESG ratings in order to convey our corporate values for ethical and responsible investing.

 

POSITIVE SCREENING

To inform our investment process, we integrate ESG indicators into our valuation analysis for bonds, nominal exchange rates, and real effective exchange rates. E, S, and G indicators are integrated into econometric valuation models alongside other macro and financial indicators to the extent they generate statistical significance and forecasting power.

 

In addition, our proprietary ESG-adjusted sovereign credit ratings also serve to inform our investment process by providing a high-frequent outlook and rating for sovereign creditworthiness.

 

At Global Evolution, we have conducted extensive ground-breaking research into the relationship between sovereign debt investing and Environmental, Social, and Governance (ESG) indicators. We have found clear correlation between the sovereign funding costs and ESG dynamics, with governance, unsurprisingly, the most prevalent.

The quantitative valuation models effectively provide us with statistically significant valuation signals that are partly based on ESG dynamics and partly based on macroeconomic, financial, and fiscal dynamics. The models provide us with such statistically significant valuation signals, i.e. “trade ideas”, at a weekly basis which informs our investment process.
By not integrating ESG dynamics into investment decisions, investors sacrifice essential information. Our quantitative approach reveals a clear ESG historical “dividend” which is conducive for a successful investment process.


FI 06. Screening - ensuring criteria are met

06.1. Indicate which systems your organisation has to ensure that fund screening criteria are not breached in fixed income investments.

Type of screening
Checks
Negative/exclusionary screening
Positive/best-in-class screening

other description

          risk management audit on quarterly basis
        

06.2. Additional information. [Optional]


Top