SWITZERLAND - The assets under management (AuM) of the Sustainable Asset Management Group (SAM) increased by more than 60% in 2006 to more than CHF4bn.
Zurich-based SAM Group witnessed a 62% increase in directly managed assets in 2006, to a level of CHF4.1bn, indirectly managed assets (assets under advice) amounted to CHF6.1bn. Total administered assets exceeded the CHF10bn mark for the first time.
SAM Group believes the public’s interest in the kind of sustainability-related investment products and theme-oriented funds it offers has grown significantly, not least of all due to the public discussion regarding the potential effects of global climate change.
The alliance struck in December 2006 with Dutch firm Robeco saw the launch of a platform for sustainability investments.
The French pension fund Retraite Additionnelle de la Fonction Publique (ERAFP) selected Robeco and SAM Group to manage assets with a potential volume of €1.2bn.
Some new SAM Group products are also in the pipeline: SAM Group and Robeco will introduce investment opportunities specifically related to climate change, as well as those that enable investors to benefit from the growing market for structured products.
SAM Group CEO and founder Reto Ringger said: “In the coming months, we will be reinforcing our presence in Asia and North America in effort to exploit the opportunities in these rapidly growing markets.
"Sustainable, theme-based investment products offering solutions for the world of tomorrow will continue to demonstrate a significantly faster pace of growth than that of the overall market.”
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