BMO GAM partners with ESG analytics specialists Impact Cubed to provide impact data for global fund range
LONDON, 19 May 2021 – Following a provider review throughout 2019 and 2020, BMO Global Asset Management (BMO GAM) has entered into an agreement with Impact Cubed for the provision of impact metrics for fund impact reporting by its investment teams globally.
The metrics will relate to environmental and social impacts and will cover an extensive equities and fixed income universe.
‘We are very pleased to have been selected to supply such an important component for BMO GAM’s impact activities,’ said Larry Abele, the founder of Impact Cubed. ‘The partnership is a great illustration of the purpose with which we built Impact Cubed. Being able to cover a complete listed universe with a set of quality, quantitative impact factors translates directly to the kind of versatility needed in institution-wide applications at investors of BMO GAM’s size.’
Alice Evans, Co-Head of Responsible Investment at BMO Global Asset Management said:
“At BMO GAM we have spent more than three decades developing a responsible investment range to suit varied client needs. We are encouraged to see how client demand is evolving from initial interest in responsible investment, to these strategies becoming a goto for many. As part of this evolution, clients are rightly looking to understand the impact their investments are having.
“We use UN Sustainable Development Goals as a framework to understand the impact of our investments and our engagement. Our relationship with Impact Cubed enables us to continue to quantify for clients how, as stewards of their capital, we are driving meaningful progress against the UN Sustainable Development Goals.”
About Impact Cubed
Impact Cubed are specialists in impact portfolio analytics and data founded on a combination of leading quantitative and ESG research expertise. Recognized for industry innovation and thought leadership by the IRRC and the UN PRI, it supplies institutional investors globally with objective, data-driven impact analytics and tools at issuer and portfolio level.
About BMO GAM
About BMO Global Asset Management
BMO Global Asset Management is a global investment manager with offices in more than 25 cities in 14 countries, delivering service excellence to clients across five continents.
Our four major investment centres in Toronto, Chicago, London and Hong Kong are complemented by a network of world-class specialist managers strategically located across the globe: BMO Real Estate Partners, LGM Investments and Pyrford International Ltd.
BMO Global Asset Management is a signatory of the United Nations-supported Principles for Responsible Investment initiative (UNPRI).
BMO Global Asset Management is a part of BMO Financial Group, a highly diversified financial services provider based in North America with total assets of CDN $949 billion as of 31 October 2020.