Sections

Finnish church goes SRI

FINLAND - The Evangelical Lutheran Church of Finland's €746m pension fund is looking for one or more active European equity SRI managers, following its new guidelines for responsible investing.

In an official tender document published today, the fund said the new mandate would be €60m to €80m, "split between one or several managers, segregated or pooled structure".

In April, the Church published new guidelines for responsible investing, outlining the SRI practices of the Church for the coming years.

The fund says it believes responsible companies are better long-term investment targets.

Investment activities of the pension fund are handled through "discretionary asset management and mutual funds," according to the new guidelines.

The fund is being aided by London-based consultancy company bfinance.

Tenders can send requests to participate to the fund until August 2.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2488

    Asset class: Euro Investment Grade (Enhanced) Passive ESG Credits.
    Asset region: Europe.
    Size: EUR 500 to 600 million.
    Closing date: 2019-01-10.

  • DS-2497

    Closing date: 2019-01-09.

  • QN-2498

    Asset class: Fixed Income Investment Grade.
    Asset region: Global Developed Markets.
    Size: $50m.
    Closing date: 2019-01-07.

  • DS-2499

    Closing date: 2019-01-02.

  • DS-2500

    Closing date: 2019-01-10.

Begin Your Search Here