Seven funds of ODDO BHF AM have received the French SRI label
Seven funds of ODDO BHF Asset Management have received the SRI* label, which was launched by the Finance Ministry of France in 2016. The SRI labelled funds**, which together account for € 5.6 bn*** in assets under management, are:
- ODDO BHF Avenir, investing in French Small and Mid-Caps
- ODDO BHF Avenir Euro, investing in Eurozone Small and Mid-Caps
- ODDO BHF Avenir Europe, investing in European Small and Mid-Caps
- ODDO BHF Generation, investing in European equities with stable shareholder structure
- ODDO BHF Euro Corporate Bond, investing in Investment Grade corporate bonds
- ODDO BHF Algo Ethical Leaders, investing with a quantitative model in European equities
- ODDO BHF European Convertibles Moderate, investing in European convertible bonds
To get the label all funds had to demonstrate that they integrate ESG criteria in all stages of the investment process, use robust methods, are firmly committed to transparency and provide high-quality information. All candidate funds were audited by independent bodies making sure that they meet the required standards. The label thus helps investors who wish to advance a more sustainable economy to choose responsible investments meeting clearly defined requirements.
Two of the labelled funds, ODDO BHF Algo Ethical Leaders and ODDO BHF Euro Corporate Bond, have recently also received the German FNG label by Forum Nachhaltige Geldanlagen, which is regarded as quality standard for sustainable investment funds in German-speaking countries.
All labelled funds are particularly suited for sustainability-oriented investors including both institutions (charities, foundations…) and retail clients. With investments in equity, fixed income and convertible bond strategies they offer a wide range of investment capabilities.
ODDO BHF AM manages sustainable investments of around EUR 7 billion*** (12% of assets under management). These include open-ended investment funds and tailor-made solutions for the management of individual mandates.
Nicolas Jacob, Head of ESG Research at ODDO BHF AM SAS, says: "The trend towards taking sustainable criteria into account in asset management is irreversible and becomes a significant matter for many clients. We are therefore delighted that we are able to offer such a comprehensive sustainable fund range with an approved quality label recognized beyond France.”
Nicolas Chaput, CEO at ODDO BHF AM, emphasizes: “The SRI Label confirms the strong commitment of ODDO BHF AM to sustainability investment. Our pragmatic partnership approach between fund managers and our ESG analyst team will further pave the way for us to become a sustainable investment leader in Europe. After equity and bonds strategies, the next step will be the inclusion of asset classes as real estate and multi-asset funds in our ESG offer".
(*) SRI stands for Socially Responsible Investment
(**) ODDO BHF Algo Ethical Leaders is registered for distribution in France and Germany.
ODDO BHF Avenir is registered for distribution in: Austria, France, Germany, Italy, the Netherlands, Spain and Switzerland.
ODDO BHF Avenir Euro is registered for distribution in: Austria, France, Germany, Italy, the Netherlands, Singapore, Spain and Switzerland.
ODDO BHF Avenir Europe is registered for distribution in: Austria, Belgium, France, Germany, Italy, Luxemburg, the Netherlands, Portugal, Spain, Sweden and Switzerland.
ODDO BHF Euro Corporate Bond is registered for distribution in: Austria, Chile, Finland, France, Germany, Italy, Luxemburg, the Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
ODDO BHF European Convertible Moderates is registered for distribution in: Austria, Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain and Switzerland.
ODDO BHF Génération is registered for distribution in: Austria, Belgium, Chile, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden and Switzerland.
Registration status as of 16 December 2019
(***) As at 30 September 2019
Nicolas Jacob, ODDO BHF Asset Management, Head of ESG Research
SFAF, CIIA, Certified European Financial Analyst, Master in Finance, ESCEM,Postgraduate Degree, Ipag Paris
Since 2017: Head of ESG Research, ODDO BHF AM
2012-2016: Senior Analyst - Co-Head of ESG Research, Oddo Securities
2005-2012: Senior Analyst - Head of Insurance sector, Oddo Securities
2001-2005: Portfolio Manager/Analyst – European Equities, Ixis AM
1999-2001: Cash Manager, CDC GmbH, Frankfurt am Main, Germany
UN-PRI rating: Our A+ rating for "strategy & governance" and "equity" maintained.
ODDO BHF Asset Management is extending the integration of ESG criteria to its ODDO BHF European Convertibles Moderate fund.
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