ESG interest drives Candriam's 11% AUM growth         

€18bn increase

clock • 1 min read
Naïm Abou-Jaoudé
Image:

Naïm Abou-Jaoudé

Candriam’s assets under management increased by €18bn to €158bn in 2021 due to increasing appetite for ESG-related funds, according to the fund manager.

Throughout the course of the year, Candriam's own ESG assets also surpassed the €100bn mark, accounting for nearly 70% of the fund manager's total assets. Candriam stated that "constructive engagement and ESG proxy voting are two key sustainability performance drivers". The fund manager took part in 2,060 meetings with portfolio companies and voted on 26,605 resolutions throughout the year, opposing around 25% of total management resolutions. Candriam strengthens UK team, eyes growth in country Having committed to a 50% reduction in emissions across portfolios, Candriam also sta...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Trustpilot