Threadneedle Asset Management, the UK-based fund firm with £59.7bn (€71.3bn) under management, has been named Leading Fund Management Firm for SRI (Socially Responsible Investment) in the latest Thomson Reuters Extel/UKSIF Socially Responsible Investing & Sustainability Survey.
The win builds on Threadneedle’s third place last year. Aviva Global Investors retains its second place slot while BlackRock Investment Management moves up from fourth to third.
The leading brokerage firm for SRI research remains Société Générale – despite the departure of top rated analysts Valéry Lucas-Leclin and Sarbjit Nahal for rival Merrill Lynch. CA Cheuvreux is still in second place and UBS in third (from fourth in 2009.
The leading brokerages for corporate governance
research were Oddo Securities, UBS and CA Cheuvreux. The leading corporate governance research individuals were Oddo’s Jean-Philippe Desmartin, Léa Sombret and Nahal.
The leading brokerage for renewable energy researchwas named as HSBC, which also won the award for leading brokerage firm for integrated research on climate change.
Interestingly perhaps, given its exposure in the tar sands debate, Royal Dutch Shell was named as the leading quoted company for sustainability communications, up from eighth place last year. Tesco and Novo Nordisk rounded out the top three.
The survey represents the views of over 450 investment professionals from 16 countries. Voting took place from March 20-June 3 and reflects a contribution from 254 buyside firms and 42 brokerage firms/research houses.
The awards were made at a presentation hosted by index firm FTSE Group in London.
“This eighth annual SRI & Sustainability Survey shows the value that both the sell side and buy side attach to sustainability analysis,” said UKSIF Chief Executive Penny Shepherd.
The complete report can be ordered here