Responsible investment in fixed income

Fixed income has historically been the ‘neglected child’ of responsible investment, taking a backseat to equities and other asset classes, according to a panel of investors discussing the rationale for integrating environmental, social and governance (ESG) factors into bond portfolios, at an event arranged by the Principles for Responsible Investment (PRI).

The event was hosted on 4 February 2014, at the London offices of AXA Investment Managers, a signatory to the PRI, and brought together more than 100 institutional investors with an interest in, or exposure to, the fixed income asset class.

Click here for a written overview of the event and here for a list of attendees.

PRI fixed income event in the news

Environmental Finance: 30% of fixed income managers rated ‘red’ on ESG, says PPF 
Environmental Finance: Rating agencies are not adequately taking ESG into account 
Ethical Investor: ESG factors crucial for bonds PRI says
EuroWeek: Bond buyers just beginning to feel SRI power

 

Panel I: ESG and fixed income – risk and opportunities

Moderated by Helene Winch, Director of Policy and Research, PRI
Andreas Hoepner, Senior Academic Fellow, PRI and Associate Professor of Finance, ICMA Centre, Henley Business School: Presentation
Florian Sommer, Senior Strategist, Union Investment: Presentation
Lise Moret, Senior Quantitative Analyst, AXA Investment Managers: Presentation
Till Jung, Director Business Development, oekom research AG

Signatories can access the session recording on the signatory extranet by clicking here

Panel II: Integrating responsible investment in fixed income

Moderated by
Diandra Soobiah, Responsible Investment Manager, NEST
Ebba Schmidt, Investment Manager, Pension Protection Fund  
Meg Brown, ESG Specialist, BlueBay AM: Presentation
Rikkert Scholten, Portfolio Manager Fixed Income, RobecoSAM: Presentation
Nick Robins,
HSBC Climate Change Centre of Excellence: Presentation

Panel III: Bondholder engagement: should lenders be better stewards?

Moderated by Colin Melvin, CEO, Hermes EOS
Mark Gull, Co Head of Asset Liability Management, Pension Corporation
Mike Tyrrell, Editor, SRI-Connect
Tamara Box, Partner, Head of Structured Finance, Reed Smith
Stephane Voisin, Head of SRI Research, Kepler Cheuvreux

Signatories can access the session recording on the signatory extranet by clicking here

Presentation on Investor Engagements at the PRI

Valeria Piani, Head of Investor Engagements, PRI: Presentation