UK - Henderson Global Investors has appointed Innovest Strategic Value Advisors to provide company and industry SRI research.
Henderson currently manages £1.1bn in pooled and segregated sustainable and responsible investment (SRI) portfolios on behalf of personal and institutional investors.
The firm said it would use Innovest’s intangible value assessment service as part of its corporate responsibility evaluation of companies.
Nick Robins, head of SRI funds at Henderson, said: “Innovest’s methodology fits in very well with our own in-house approach as it focuses on the investor relevant aspects of corporate social responsibility.”
Shami Nissan, managing director of Innovest in London, added: “We believe that companies’ ability to handle environmental, labour and human rights risks are powerful proxies and leading indicators for overall management quality and management quality is the single greatest determinant of a companies’ financial performance.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers