Candriam, a sustainability-focused asset management firm, has announced the launch of its new fund, the Candriam Equities L ESG Market Neutral Fund.
According to ESG Today, the firm, known for its strong emphasis on responsible investing, aims to blend financial stability with ethical investment standards.
The new fund is designed for investors looking for stable, positive returns that are not linked to traditional asset classes. It seeks to invest in companies that are recognized as leaders in sustainability, while simultaneously shorting those deemed less sustainable. This dual approach underscores Candriam’s commitment to promoting environmental, social, and governance (ESG) principles within the investment landscape.
Candriam stands out in the asset management industry by focusing on investments that adhere to robust ESG standards. The firm’s approach integrates a quantitative and qualitative analysis, ensuring that only the most financially sound and ethically operating companies form part of their portfolio. This method not only aims to foster long-term value creation but also supports positive social and environmental outcomes.
The Candriam Equities L ESG Market Neutral Fund operates by identifying potential long and short investment opportunities. It takes long positions in companies with solid financials and strong ESG records, and short positions in those that lack in these areas. The investment process begins with a selection from the most liquid stocks in global developed markets, assessed for ESG credentials by Candriam’s specialized ESG team and scored for financial attractiveness by its Quantitative Equity Team.
This fund is now available for distribution in several European countries, including Luxembourg, Belgium, France, Italy, Germany, Austria, Switzerland, the UK, and The Netherlands. It will be managed by Bart Goosens, the Global Head of Quantitative Equity, and Dave Benichou, the Deputy Head of Quantitative Equity at Candriam.
Candriam global head of alternative investments Steeve Brument said, “By combining our differentiated ESG process with the extensive expertise of our Quantitative Equity team, we provide our clients with access to unique solutions that seeks to offer an attractive risk-return profile, whilst supporting meaningful social and environmental change. We are confident that the appetite for both alternative strategies and ESG-aligned solutions will continue to grow, and this launch further represents the next step in our efforts to further embed ESG integration within our alternatives solutions.”
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