EUROPE - Mandates from the Dutch metal industry fund PME and the Swiss Caisse de Prevoyance du Canton de Geneve (CIA) have buoyed Credit Lyonnais Asset Management's (CLAM) launch of its SRI subsidiary, Integral Development Asset Management (IDEAM).
Currently IDEAM manages e500 million in assets in total, of which e120m comes from PME and Sfr70 million from the CIA. CLAM’s own SRI funds are to be managed or advised by IDEAM at a later date....
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