Hedge Fund Mariner Goes Green

Sep 11 2013 | 10:21am ET

Mariner Investment Group is adding environmental considerations to its investment process, becoming one of the first hedge funds to sign on to the United Nations-backed principles for responsible investment.

New York-based Mariner has subscribed to MSCI's ESG Portfolio Analytics and will incorporate the environmental, social and governance research, ratings and screening tools into its decision-making.

"Our investors are increasingly taking into consideration the environmental, social and governance implications of their investments in portfolio allocation," Bracebridge Young, CEO of the $10 billion firm, said. "While we're still in the early days, we believe that adhering to these principles and incorporating them into our investment decision-making processes will enable us to achieve better risk-adjusted returns for our clients over the longer-term."

"The hedge fund community is a relatively new entrant to the space," MSCI senior sales associate Sarah Greenberg told The Wall Street Journal. "I probably could count the number of hedge funds on one hand three or four years ago."


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...