FTSE Russell and Sustainalytics announce partnership
Multi-asset index, data and analytics provider, FTSE Russell has announced it has entered into a global partnership with specialist in environmental, social and governance (ESG) research, ratings and analysis provider, Sustainalytics.
Under the terms of the deal, both companies would be working together to develop new FTSE Russell ESG indexes using the new Sustainalytics ESG risk ratings.
FTSE Russell explained that the move was in line with its strategy to grow its own sustainable investment capabilities and supplement these through new partnership with a fellow global leader in sustainable investment.
FTSE Russell’s chief executive, Mark Makepeace, said: “FTSE Russell has been a leader in sustainable investment for nearly two decades and has been supporting the growing demand for ESG integration into passive strategies.
“The partnership with Sustainalytics enables us to provide a greater selection of options and choice to meet these ever growing client demands.”
The firm also said the decision followed a growing trend among asset owners to incorporate sustainability and ESG considerations unto their investment strategies and stewardship approach.
Sustainanalytics’ chief executive, Michael Jantzi, added that the focus would be initially on the Russell US Indexes which had a leading position amongst institutional and retail investors.
AUTHOR
Oksana Patron
Recommended for you
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
L1 Capital, which is in talks to merge with Platinum Asset Management, has indicated it will be voting against a deal to convert a Platinum LIC into an ETF.
Evidentia Group has hired a head of quantitative investments who joins the investment firm and managed account provider from AMP.
Fidelity International has worked in tandem with Australian wealth manager Emanuel Whybourne & Loehr to launch an actively managed global equities strategy aimed at financial advisers.
