JP Morgan AM unveils ESG integration policy
JP Morgan Asset Management has unveiled a global ESG integration policy statement, to be rolled out across all of its investment vehicles.
The ten-point scoring system, which gauges documentation, monitoring, and research & investment management, has so far been integrated across $1.7trn - or 90% - of clients' assets under management globally.
In order to achieve ESG-integrated status, all funds have to demonstrate "forward-looking research" as part of their investment process, show systematic monitoring of ESG risks, and have documentation of "proprietary views" across the portfolio.
Jennifer Wu, JP Morgan AM's global head of sustainable investing, said: "We believe systematically integrating ESG information into our investment process, where material and relevant, will contribute to achieving an enhanced financial return, through better-informed investment decisions and strengthened risk management."
"ESG integration aimed at achieving sustainable risk-adjusted returns is about using research, insights and data to inform investment decisions."
by Tanya at http://www.ifajobs.net