FTSE Russell and Sustainalytics announce partnership
Multi-asset index, data and analytics provider, FTSE Russell has announced it has entered into a global partnership with specialist in environmental, social and governance (ESG) research, ratings and analysis provider, Sustainalytics.
Under the terms of the deal, both companies would be working together to develop new FTSE Russell ESG indexes using the new Sustainalytics ESG risk ratings.
FTSE Russell explained that the move was in line with its strategy to grow its own sustainable investment capabilities and supplement these through new partnership with a fellow global leader in sustainable investment.
FTSE Russell’s chief executive, Mark Makepeace, said: “FTSE Russell has been a leader in sustainable investment for nearly two decades and has been supporting the growing demand for ESG integration into passive strategies.
“The partnership with Sustainalytics enables us to provide a greater selection of options and choice to meet these ever growing client demands.”
The firm also said the decision followed a growing trend among asset owners to incorporate sustainability and ESG considerations unto their investment strategies and stewardship approach.
Sustainanalytics’ chief executive, Michael Jantzi, added that the focus would be initially on the Russell US Indexes which had a leading position amongst institutional and retail investors.
AUTHOR
Oksana Patron
Recommended for you
Tribeca Investment Partners has made a distribution hire from Australian Ethical in a newly-created role focused on the national intermediary market.
Asset managers may be urged to diversify their product ranges, but investment executives have warned any M&A deal should avoid simply filling gaps and instead consider long-term value creation.
Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equity firm.
Fund managers are entering 2025 with the most bullish sentiment since August 2021 and record high allocations to US equities, thanks to the incoming Trump administration.
