Redpoint Investment Management, a GSFM fund manager partner, has been awarded a $50 million Socially Responsible Investing (SRI) mandate within investment adviser JANA’s SRI Australian Share Trust.
According to Redpoint chief executive and senior portfolio manager, Max Cappetta, the mandate validates the quantitative-led manager’s strong focus on sustainability and ESG, which includes the development of a proprietary framework.
“The incorporation of sustainability issues in equity portfolios has always been a key capability with Redpoint and is increasingly in demand by our clients. We are proud to support JANA’s development of responsible investment solutions for their clients.
“Redpoint’s approach has always been to assist clients to express their principled positions via their investments. Excluding companies from investment on sustainability grounds introduces risk which must be managed while also allowing for value add through stock selection when the excluded capital is reinvested across other companies.
