Provide additional information relevant to your organisation`s monitoring processes of external managers.
The most recent manager portfolios available are analysed on a weighted holdings basis. An average ESG score for the whole portfolio is calculated. In the ESG optimized mandates this portfolio ESG score then is compared to the median of the respective peer group. Funds which score lower than the median and/or fail in the other ESG checks are put on watch and sold in case our analysis does not show improvement/full ESG-compliance two months later.