Quoniam Asset Management has integrated ESG criteria into its entire Luxembourg-domiciled Quoniam Fund Selection Sicav Range, the company has announced.
The range includes equity, fixed income and multi-asset risk premia strategies offered by Frankfurt-based Quoniam, which is a member of Union Investment group.
The funds will all incorporate Quoniam’s responsible investment policy, which follows guidelines including the UN Global Compact and the principles of Responsible Investments.
The addition of these guidelines builds on the incorporation of the Oslo Convention, which has been integrated into the quantitative asset manager’s fund range for a while.
Under the changes, companies not meeting Quoniam’s standards in relation to controversial practices, environment and climate change, corruption, production of controversial weapons and tobacco will be excluded.
Quoniam’s systematic analysis incorporates ESG resources from a dedicated ESG team at its parent company, Union Investment. It also aims to promote sustainable business practice and good corporate governance.
Commenting on the ESG integration Helmut Paulus, CEO of the firm, said: ‘We recognise the importance of sustainability and ESG and already manage over a third of our AUM according to such criteria. Extending this to the Sicav range is a natural progression and will help meet the demands of our clients.’