US-based asset manager Northern Trust has delved deeper into responsible investing with the introduction of sustainable quantitative solutions.
One of these solutions includes the Emerging Markets Quality Low Carbon Strategy which intends to manage the risk of climate change with a target to lower carbon intensity by 70%.
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It will focus on companies that are profitable and managed efficiently. The vehicle will offer exposure to emerging markets equities.
The asset manager also launched Europe Value ESG, North America Value ESG or Emerging Markets Multifactor ESG.
These strategies leverage a multi-factor model including value, quality, and momentum to score investable constituents. They use norm-based and business-involvement screens.
The firm also unveiled the World Green Transition Index Strategy, Small Cap ESG Low Carbon Index Strategy.
At the same time, its Custom ESG Index Strategies now incorporate thermal coal screens.
Northern Trust Asset Management EMEA head Marie Dzanis said: “Today’s investor not only wants to live their values – they want to partner with firms which can help them invest their values.
“At Northern Trust Asset Management, we’re passionate about identifying, building and delivering effective, responsible investment solutions – and we believe this can be achieved without sacrificing financial performance.”
Northern Trust offers wealth management, asset servicing, asset management, and banking services.
The firm reported $1.2 trillion in assets under management at the end of September 2019.
