David Dixon, Chief Investment Officer at CFSGAM said: âThe appointment of ASSET4 means our investment teams will have some of the worldâs best quality ESG data and tools to help make the best possible investment decisions for our clients.â
âWe favoured ASSET4 because their broad coverage includes sovereign and unlisted companies that can be used by the credit and fixed income teams, and they have in-depth coverage of emerging markets companies,â Mr Dixon said.
ASSET4, which was acquired by Thomson Reuters in November 2009, has developed the worldâs largest database of transparent, objective and auditable ESG information covering over 3,000 publicly listed companies worldwide, as well as a variety of other entities including countries, local authorities, state-owned companies and supranational entities.
Amanda McCluskey, Head of Sustainability and Responsible Investment at CFSGAM said: âWhat distinguishes ASSET4 from other ESG research providers is that they look to present the facts about a companyâs ESG performance in a way that can be used in investment processes across the business, rather than to make value judgments on the ESG credentials of a particular company.â
âASSET4 will be gradually rolled out across the listed equity and credit and fixed interest teams at CFSGAM. Every analyst will eventually have access to the ASSET4 database. This is a critical next step in the mainstreaming of ESG across our business,â Ms McCluskey said.
Henrik Steffensen, co-founder of ASSET4 and Vice President, Marketing, Business Development and Services said, âWe are pleased to be making our first step into the Australian market with Colonial First State Global Asset Management. Their commitment to integrating ESG across its mainstream investment processes makes them an ideal client to benefit from ASSET4 data and tools. This appointment is a perfect example of how ASSET4 being a part of Thomson Reuters enables us to meet the needs of the investment community around the world as ESG data continues to become increasingly integrated into mainstream financial analysis.â