Screening + Integration + Thematic (7% Fixed Income AUM)
Sycomore Next Generation (SNG) launched in 2019 is an SRI-labelled balanced fund.
SNG's approach consists in filtering the universe for the best SPICE scores (rating above 2.5 out of 5) and selecting stocks and bonds based on 3 themes:
- Better environment
- Better life
- Better work
Screening + integration (56% Fixed Income AUM)
Sycomore Selection Credit (SSC) is Sycomore AM's only corporate-bond SRI-labelled fund.
SSC's SRI approach consists in filtering the universe to exclude companies that are too risky on 6 key criteria:
1. Environmental risk
2. Quality of social climate
3. Reputation risk
4. Financial communication risk
5. Accounting risk
6. Bondholder risk
An issuer that obtains a rating below 2 out of 5 on one of these criteria (or on the overall ESG score), will be excluded from the investable universe. This approach screens out over 30% of the initial universe.
Integration (45% Fixed Income AUM)
For the other internally managed fixed-income assets (held within flexible, multi-asset classes vehicles) we apply the same SPICE integration process as for listed equities.