Degroof Petercam AM obtains LuxFLAG labels
Full range of actively managed sustainable sub-funds now labelled
June 21, 2018
Degroof Petercam’s full range of eight actively managed sustainable sub-funds has now received the LuxFLAG label.
The Luxembourg Finance Labelling Agency (LuxFLAG) is an independent, non profit making association created in Luxembourg in July 2006.
The agency aims to promote the raising of capital for the Responsible Investment sector by awarding a recognisable label to eligible investment vehicles. Its objective is to reassure investors that the applicant invests, directly or indirectly, in the Responsible Investment sector. The applicant may be domiciled in any jurisdiction that is subject to a level of national supervision equivalent to that available in European Union countries. The label is endorsed by the Grand Duchy of Luxembourg.
Hugo Lasat, CEO of Degroof Petercam AM: “We are pleased that the full range of our actively managed sustainable sub-funds (*) has now been acknowledged by an independent and external specialist, following thorough vetting. Indeed, an external audit firm is involved in the review process in order to reinforce the labelling procedure. Our clients may now choose from sustainable investment solutions in the field of European and global equities, OECD & EUR Investment Grade corporate bonds and emerging market bonds, balanced management as well as two avant-garde thematic investment solutions (NewGEMS and Sustainable Food Trends).”
Ophélie Mortier, Responsible Investment Strategist at Degroof Petercam AM, contends: “Sustainable Investment at Degroof Petercam AM is the result of a continuous learning curve dating back to 2002. Thanks to sizeable investments in internal and external resources and knowhow and strong investor demand, AuM in this segment have grown to €3.3bn as per the end of May 2018. We do believe that momentum for sustainable investment will remain strong. LuxFLAG is a partner that allows us to further develop our sustainable franchise in a credible and consistent way.”
Sachin Vankalas, Director, Operations and Sustainability at LuxFLAG: “We are pleased that Degroof Petercam AM has seen its eight Sustainable Funds labelled by LuxFLAG. This is a token of their solid ESG integration into the investment process as well as an acknowledgement of the transparency to investors, a feature we hold dear at LuxFLAG. We are convinced that this will benefit Degroof Petercam AM and further their growth as a reference player for sustainabel investment on a pan-European level.”
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(*) Labelled Degroof Petercam AM sub-funds:
- DPAM Invest B Equities World Sustainable
- DPAM L Bonds Emerging Markets Sustainable
- DPAM Invest B Equities Europe Sustainable
- DPAM L Bonds Government Sustainable
- DPAM Global Strategy L Conservative Balanced Sustainable
- DPAM Invest B Equities NewGems Sustainable
- DPAM Invest B Equities Sustainable Food Trends
- DPAM L Bonds EUR Quality Sustainable
Full list of ESG funds at LuxFLAG: https://www.luxflag.org/labels/esg/labelled-esg-funds.html
Press contact Degroof Petercam Asset Management:
Jurgen Vluijmans (+32 2 287 93 28 / j.vluijmans@degroofpetercam.com)
About Degroof Petercam Asset Management
Degroof Petercam Asset Management (DPAM) is an independent active asset management firm part of a family owned group with its origins in 1871. DPAM is a sustainable investor, pioneer and innovative in responsible and sustainable investing. The firm integrates ESG across asset classes and themes and it is also an active owner. DPAM has a strong focus on research with a proprietary in-house fundamental and quantitative analyst teams that interact with each other, supporting the firm asset management activities. DPAM manages investment funds as well as discretionary mandates on behalf of institutional clients. DPAM offers highly customised services to more than 250 institutional investors, including pension funds, not-for-profit and government organisations, insurance companies, foundations and universities. DPAM is performance-driven managing a wide range of investment funds (Luxembourg and Belgium domiciled UCITS and AIF). DPAM’s funds are distributed by a international network of partners, such as retail and private banks and insurance companies, across Europe. DPAM has a consistent long-term track record in long-only investment solutions covering various areas of expertise. The company manages over 33 billion euros (as per Dec 2017), with 130 investment professionals.