Eaton Vance launches new ESG strategies

11 June 2020
| By Oksana Patron |
image
image
expand image

Eaton Vance Management has announced the launch of a series of separate account equity strategies, the Calvert ESG Leaders Strategies, which would invest in common stocks of selected companies with environmental, social and governance (ESG) characteristics.

The new strategies, which would be co-managed by Calvert vice presidents and portfolio managers Jade Huang and Chris Madden. The portfolios would be available for institutional and professional investors which would be offered by Calvert Research and Management, a subsidiary of Eaton Vance.

The investment process would comprise three key components: stock selection, portfolio optimisation, and corporate engagement.

The strategies would also employ a dynamic investment approach that leveragee quantitative and qualitative analysis and a risk-managed portfolio construction process, while seeking to effect positive change, the firm said.

“In developing the strategies, we conducted a quantitative review of ESG leaders’ past performance. The results indicate that companies that achieved top ESG scores in financially material factors have historically produced stronger financial performance than those with weaker ESG scores,” Huang said.

According to the firm, its research system enabled identification of companies that were leading their peers in managing financially material ESG risks and which might help take advantage of business opportunities.

“Additionally, we found that by optimizing the portfolios, we could position the strategies to achieve positive environmental and societal impact by increasing exposure to companies with healthier environmental footprints and better gender diversity,” Huang said.

Calvert ESG Leaders Strategies included:

  • Calvert U.S. ESG Leaders
  • Calvert Tax-Managed U.S. ESG Leaders
  • Calvert Global ex.-U.S. Developed Markets ESG Leaders
  • Calvert Tax-Managed Global ex-U.S. Developed Markets ESG Leaders
  • Calvert Global Developed Markets ESG Leaders
  • Calvert Tax-Managed Global Developed Markets ESG Leaders

Calvert Emerging Markets ESG Leaders 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 5 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

18 hours ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 3 days ago