UK - Rathbone Greenbank Investments has launched a socially responsible investment advisory service for pension schemes.
The firm will provide training and advice to funds on how to integrate social and environmental issues into their investment strategies, the use of benchmarks and risk criteria.
It will also provide information on fund manager selection and evaluation, governance issues and analysis of socially responsible investment performance.
Schemes have been required to provide details of how social, environmental and ethical considerations are taken into account in their investment decision-making processes since 2000.
The firm estimates that approximately £90bn worth of pension fund money is invested in SRI products.
Rathbone Greenbank SRI strategy director Mark Mansley said more and more schemes were beginning to realise the need to adopt socially responsible investment policies.
“We are currently working with a number of pension funds and charities concerned about meeting the ethical needs of their stakeholders.
“As the Rathbone Greenbank team has been at the forefront of SRI since 1992, we have some of the most experienced people and refined research tools in the business, and can provide the kind of independent, expert ethical investment advice that these organisations do not have access to in-house,” Mansley said.
The new service has been established to complement Rathbone Greenbank’s existing investment management services for schemes, private clients and charities interested in integrating social and environmental issues into their investment strategy.
Industry Voice: Sponsored by Eaton Vance
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.