Scores serve as testament to Acadian’s continued commitment to ESG criteria integration
August 1, 2019, BOSTON, MA - Acadian Asset Management is pleased to announce it has been awarded the top score of A+ in the categories of “strategy and governance” and “incorporation” for its systematic approach to responsible investing, The score was awarded by the Principles for Responsible Investment (‘PRI’) in its 2019 assessment report and demonstrates Acadian’s long-term expertise in integrating Environmental, Social, and Governance (‘ESG’) criteria, which is core to Acadian’s responsible investment commitment and process.
“We are delighted to receive an A+ from PRI surrounding our incorporation and strategy and governance efforts,” said Asha Mehta, head of responsible investing at Acadian. “We believe that ESG goes hand-in-hand with traditional investment strategy, which is why we were early adopters of ESG and the first quant PRI signatory 10 years ago in 2009. These scores are a testament to our decade-plus commitment to integrating ESG criteria to meet client needs, identify unique sources of potential outperformance, and support a more sustainable and stable marketplace for generations to come.”
Acadian currently integrates factors into its core investment process along each dimension of ESG. This includes, but is not limited to, the ability to factor in an implicit carbon tax on high-emitting companies as well as identifying further investment options for risk controls, monitoring political profiles to determine country exposure in developing markets, and utilizing related governance factors in Acadian’s bottom-up, systematic framework to include considerations of board independence, litigation, and fraud potential.
As integration of Environmental, Social, and Governance (‘ESG’) criteria remains a key issue for institutional investors, the PRI’s annual assessment of over 1,800 signatory companies allows investors to better identify managers with leading approaches to responsible investing. To learn more about why Acadian’s approach to responsible investing earned A+ PRI scores, please see our Responsible Investing Statement which has been in effect for over 10 years.
To learn more about our responsible investing efforts, please reach out to us.
About Acadian Asset Management
Acadian Asset Management LLC invests on behalf of institutional investors such as pension funds, endowments, governments, and foundations, as well as individual investors. As of June 30, 2019, the firm managed approximately US$96 billion on behalf of major pension funds, endowments, foundations, governments, and other investors based in the U.S. and abroad. The firm uses an innovative array of disciplined, quantitative investment techniques and analytical models for active stock selection, as well as country, sector, and currency valuation. Acadian’s strategies include managed volatility, emerging markets, global equity, small-cap, long/short, market-neutral, and non-US equity strategies.
The PRI initiative, backed by the United Nations, cooperates with an international network of signatories to implement the six Principles for Responsible Investment. It aims to identify the links between investment and environmental, social and governance issues, and to help signatories incorporate these issues into their investment and ownership decisions. The six Principles were designed by investors, bringing together 1,800 signatories from more than 50 countries, representing US$ 70 trillion of assets.
Acadian Asset Management has been awarded these scores for the specific modules above. These as well as additional module scores can be found in the assessment report which is compiled from Acadian’s responses to the PRI Reporting Framework. The Transparency Report showing these responses is available on PRI’s website. The scores are not indicative of any strategy performance returns nor are they indicative of future performance.