Pendal appoints Global Equity Impact Investment team

Pendal's fully-owned Regnan subsidiary

 

Pendal has appointed a London-based impact investment team to launch a Global Equity Impact strategy in late 2020. 

The team will join Regnan, a leading provider of ESG research, engagement and advisory services, which is wholly owned by Pendal.

The appointment marks the expansion of Regnan’s capabilities into responsible investment funds management.

The four-person team will be led by Senior Fund Manager Tim Crockford working with Mohsin Ahmad, Maxime Le Floch and Maxine Wille.

The team previously managed the Hermes Impact Opportunities Equity Fund, which Mr Crockford co-launched in 2017.

The team will be based in the J O Hambro Capital Management office in London. 

‘Global leader in responsible investment’

“One of our strategic objectives is to become a global leader in responsible investment,” said Pendal’s Chief Executive of Group, Emilio Gonzalez.

“The move to 100 per cent ownership of Regnan in early 2019, and now the appointment of a specialist impact investment team, demonstrates our commitment to delivering on this strategy.

“The impact investment market is currently worth over half a trillion US dollars and there is an obvious and growing demand from clients for this capability.

“Given our 35-year heritage in responsible investment, we believe we have an important role to play in delivering positive impact alongside strong investment returns for clients.

“Our combined deep knowledge and expertise in this area enables us to deliver innovative and credible Environmental, Social and Governance (ESG) and impact investment solutions that will meet client needs and grow funds under management.”

Late 2020 launch

Regnan’s Global Equity Impact strategy is expected to launch in late 2020 and be available across Pendal’s global distribution network.

The team will aim to generate long-term outperformance by investing in mission-driven companies that generate value for investors by providing solutions for the growing unmet sustainability needs of society and the environment.

The fund will use the United Nations Sustainable Development Goals (SDGs) as an investment lens:

 

 

 

“We are delighted to welcome Tim and his team to Regnan and the Pendal Group,” Mr Gonzalez said.

“The team hire expands our investment capability while enabling us to leverage Regnan’s ESG expertise.”

Background on Regnan

Regnan is a leading provider of ESG research, engagement and advisory services.

Its focus on environmental and social issues traces back to Melbourne’s Monash University in 1996.

Regnan was established to investigate and address ESG-related sources of risk and value for long-term shareholders in Australian companies.

It has evolved to become a global leader in long-term value, systemic risk analysis and responsible investment advisory.

Regnan’s in-house team of experienced analysts produce rigorous, relevant ESG investment analysis.

From this research and insight, the team tailors solutions to meet the specific needs of its asset-owner clients.

These clients use Regnan’s services for a range of purposes from stock selection, portfolio construction and stewardship, through to all aspects of responsible investment framework development and implementation.

Regnan also advocates for ESG considerations to become mainstream through contribution to the public policy debate, board and committee-level participation in industry bodies, and submissions to government.

Regnan staff recently co-authored a UN Principles for Responsible Investment report, Active Ownership 2.0: the Evolution Stewardship Urgently Needs.

 

This article has been prepared by Pendal Fund Services Limited (PFSL) ABN 13 161 249 332, AFSL No 431426 and the information contained within is current as at December 13 2019. It is not to be published, or otherwise made available to any person other than the party to whom it is provided.

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