French firms team up for mixed asset SRI fund
Markets
by Emily Firth on May 28, 2010 at 10:48
Diament Bleu Gestion and La Financière Responsable have joined forces to launch a mixed asset Sustainable and Responsible Investment (SRI) fund.
The FCP, ‘Diament Bleu Responsable’ is aimed at the firms' clientele of large institutional investors and family offices. It will only be invested in eurozone stocks which conform to the SRI criteria.
Diament Bleu is in charge of the allocation of assets between the different classes (money markets, bonds and equity), the overall management of portfolio risk and the management of the money markets’ and bonds’ investments from within the range of socially responsible stock.
La Financière Responsable will screen all the asset classes using its original SRI analysis method, ‘La Gestion Intégrale IVA©.’ It will also manage the equity investments, normally investing between 20% and 40% of the portfolio in stockmarkets.
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