Responsible investing
We believe that responsible investments are important for achieving the best possible risk-adjusted return for our unitholders and customers.
Pareto Asset Management aims at contributing to sustainable development of markets and long-term value creation by investing in a responsible and ethical manner. We believe that responsible investments are important for achieving the best possible risk-adjusted return for our unitholders and clients. Sustainability and sound corporate governance give companies competitive advantages and contribute to long-term value creation.
Pareto Asset Management shall exercise active ownership in the portfolio companies in order to promote responsible business operations. This means that we will use our ownership rights and influence in the companies to help move the companies in a positive direction in terms of social relations, environmental issues, sustainability and good corporate governance.
As part of our efforts to promote responsible investments, Pareto Asset Management has signed the UN Principles for Responsible Investment (PRI). These guidelines are based on UN PRI, the UN Global Compact, the guidelines for the Norwegian Government Pension Fund Global, the Principles for the exercise of ownership rights in investment companies from the Norwegian Fund and Asset Management Association, as well as internationally recognised principles and conventions.
Pareto Asset Management is a member of Norsif (Norsk forum for ansvarlige og bærekraftige investeringer) and Swesif (Sveriges Forum för hållbara investeringar). Both are interest forums aimed at disseminating information, engaging the community and raising awareness about investments for sustainable development.
Nawel Boukedroun
Head of ESG and sustainable investmentsNawel joined Pareto in 2020 as an ESG analyst, responsible for developing a sustainable investments framework for Pareto ESG Global Corporate Bond (article 9 fund). The fund became the first fixed income fund to obtain the Nordic Swan Ecolabel 2.0. In 2023 Nawel took on the role as Head of ESG and Sustainable Investments. Nawel holds a Master of Finance from Montpellier Business School (France) and has previously worked at Swiss Life Asset Managers in Paris.
REPORT ON RESPONSIBLE INVESTMENTS
The effect of increasing signage
Sustainable investment is an undisputed growth business. A rough estimate puts the latest number of ESG funds and ETFs globally at somewhere close to 9,000, given a slightly moderated growth rate of 15-20% over the past year. More than 75% of these investment vehicles are based in Europe, representing over €10 trillion in aggregate assets under management.
Does the regulatory framework keep up? In terms of sheer volume, it does. Not having the patience to collate and count myself, I asked ChatGPT about the scope. Here’s an interesting run-through:
