Man Signs UN's Responsible Investment Principals

Jan 30 2012 | 8:31am ET

Man, the world’s largest hedge fund group, has signed the United Nations-backed Principles for Responsible Investment.

Man says the PRI framework is meant to encourage sustainable investing by incorporating “environmental, social and governance issues into investment decision-making and ownership practices.”

Man becomes one of 988 signatories to the PRI worldwide and one of 126 in the UK.

Said Man CEO Peter Clarke in a statement: “This step is a signal of Man’s continued commitment to responsible investing. As a leading alternative asset manager, we hope that by signing up to the UN PRI we will encourage others in our industry to follow our lead.”

In signing the PRI, the alternative investments giant ($58.4 billion AUM) has promised to:

1. Incorporate ESG issues into its investment analysis and decision-making processes.
2. Be an 'active owner' and incorporate ESG issues into its ownership policies and practices.
3. Seek appropriate disclosure on ESG issues by the entities in which it invests.
4. Promote acceptance and implementation of the principles within the investment
industry.
5. Work to enhance its effectiveness in implementing the principles.
6. Report on its activities and progress towards implementing the principles.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Expert Says Scale Of Baillon Classic Car Find Rare

Dec 29 2014 | 3:40am ET

Forget about hedge funds, buying rare, classic cars could be called the ultimate...

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.