Paris, December 19, 2019
Seven funds of ODDO BHF Asset Management have received the SRI label, which was launched by the Finance Ministry of France in 2016. The SRI labelled funds**, which together account for € 5.6 bn*** in assets under management, are:
To get the label all funds had to demonstrate that they integrate ESG criteria in all stages of the investment process, use robust methods, are firmly committed to transparency and provide high-quality information. All candidate funds were audited by independent bodies making sure that they meet the required standards. The label thus helps investors who wish to advance a more sustainable economy to choose responsible investments meeting clearly defined requirements.
Two of the labelled funds, ODDO BHF Algo Ethical Leaders and ODDO BHF Euro Corporate Bond, have recently also received the German FNG label by Forum Nachhaltige Geldanlagen, which is regarded as quality standard for sustainable investment funds in German-speaking countries.
All labelled funds are particularly suited for sustainability-oriented investors including both institutions (charities, foundations…) and retail clients. With investments in equity, fixed income and convertible bond strategies they offer a wide range of investment capabilities.
ODDO BHF AM manages sustainable investments of around EUR 7 billion*** (12% of assets under management). These include open-ended investment funds and tailor-made solutions for the management of individual mandates.
Nicolas Jacob, Head of ESG Research at ODDO BHF AM SAS, says: "The trend towards taking sustainable criteria into account in asset management is irreversible and becomes a significant matter for many clients. We are therefore delighted that we are able to offer such a comprehensive sustainable fund range with an approved quality label recognized beyond France.”
Nicolas Chaput, CEO at ODDO BHF AM, emphasizes: “The SRI Label confirms the strong commitment of ODDO BHF AM to sustainability investment. Our pragmatic partnership approach between fund managers and our ESG analyst team will further pave the way for us to become a sustainable investment leader in Europe. After equity and bonds strategies, the next step will be the inclusion of asset classes as real estate and multi-asset funds in our ESG offer".
(*) SRI stands for Socially Responsible Investment
(**) ODDO BHF Algo Ethical Leaders is registered for distribution in France and Germany.
ODDO BHF Avenir is registered for distribution in: Austria, France, Germany, Italy, the Netherlands, Spain and Switzerland.
ODDO BHF Avenir Euro is registered for distribution in: Austria, France, Germany, Italy, the Netherlands, Singapore, Spain and Switzerland.
ODDO BHF Avenir Europe is registered for distribution in: Austria, Belgium, France, Germany, Italy, Luxemburg, the Netherlands, Portugal, Spain, Sweden and Switzerland.
ODDO BHF Euro Corporate Bond is registered for distribution in: Austria, Chile, Finland, France, Germany, Italy, Luxemburg, the Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
ODDO BHF European Convertible Moderates is registered for distribution in: Austria, Belgium, France, Germany, Italy, the Netherlands, Portugal, Spain and Switzerland.
ODDO BHF Génération is registered for distribution in: Austria, Belgium, Chile, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden and Switzerland.
Registration status as of 16 December 2019
(***) As at 30 September 2019
Nicolas Jacob, ODDO BHF Asset Management, Head of ESG Research
SFAF, CIIA, Certified European Financial Analyst, Master in Finance, ESCEM,Postgraduate Degree, Ipag Paris
Since 2017 Head of ESG Research, ODDO BHF AM
2012-2016 Senior Analyst - Co-Head of ESG Research, Oddo Securities
2005-2012 Senior Analyst - Head of Insurance sector, Oddo Securities
2001-2005 Portfolio Manager/Analyst – European Equities, Ixis AM
1999-2001 Cash Manager, CDC GmbH, Frankfurt am Main, Germany
About ODDO BHF Asset Management
ODDO BHF AM is part of the independent Franco-German financial group ODDO BHF that was founded in 1849. ODDO BHF AM is an asset management leader in Europe. It comprises ODDO BHF AM GmbH in Germany, ODDO BHF AM SAS, ODDO BHF Private Equity SAS in France and ODDO BHF AM Lux in Luxembourg, which together manage assets totaling € 58.1 billion. ODDO BHF AM offers its institutional and wholesale clients a unique range of high-performance investment solutions in all main asset classes, i.e. European equities, quantitative strategies, fixed income, multi-asset solutions, private equity and private debt. An UN-PRI signatory since 2010 ODDO BHF AM has integrated sustainable investment criteria into a wide range of strategies. Its ESG approach focuses on ESG criteria integration, engagement with companies and a climate policy supporting the energy transformation. On a combined basis, 60% of assets under management are from institutional clients 3 and 40% from distribution partners. The teams operate from investment centers in Dusseldorf, Frankfurt, Paris and Luxembourg with additional locations in Milan, Geneva, Stockholm, Madrid, Hong Kong, Abu Dhabi and Zurich. ODDO BHF AM puts the long-term support of its clients at the heart of its priorities. Its independence allows its teams to be responsive, flexible and innovative in order to constantly find solutions tailored to the customers’ needs.
About ODDO BHF
ODDO BHF is an independent Franco-German financial services group, with a history stretching back over 170 years. It was created from the alliance of a French family-owned business built up by five generations of stockbrokers and a German bank specialising in Mittelstand companies. With 2,300 employees (1,300 in Germany and 1,000 in France and Tunisia), and more than 100 billion euros in assets under management, ODDO BHF operates in three main businesses, based on significant investment in market expertise: private wealth management, asset management and corporates and markets. The Group has a specific ownership structure as 60% of its capital is held by the Oddo family and 30% by employees. This “partnership” ethos guarantees the long-term involvement of its teams. In 2018, ODDO BHF generated net banking income of 591 million euros, and at 31 December 2018, the Group had over 866 million euros of shareholders' equity.
CITIGATE DEWE ROGERSON
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ODDO BHF AM is the asset management division of the ODDO BHF Group. It is the common brand of four legally separate asset management companies: ODDO BHF AM SAS (France), ODDO BHF PRIVATE EQUITY (France), ODDO BHF AM GmbH (Germany) and ODDO BHF AM Lux (Luxembourg). This document has been drawn up by ODDO BHF ASSET MANAGEMENT SAS for all market communication. Its goal is to present the ODDO BHF AM brand. Its investor communication is the responsibility of each promoter, distributor or advisor. Potential investors are invited to consult an investment advisor before investing in a strategy. Investor's attention is drawn to the fact that all strategies are not authorized in every country. Should they decide to invest, investors are invited to acquaint themselves with the detailed nature of any risks incurred, in particular the risk of capital loss. The value of the investment may vary both upwards and downwards and may not be returned in full. The investment must be made in accordance with investors’ investment objectives, their investment horizon and their capacity to deal with the risk arising from the transaction. ODDO BHF AM SAS cannot be held responsible for any direct or indirect damages resulting from the use of this document or the information contained in it. This information is provided for indicative purposes and may be modified at any moment without prior notice. Investors are reminded that past performance is not a reliable indication of future returns and is not constant over time. Any opinions presented in this document result from our market forecasts on the publication date. They are subject to change according to market conditions and ODDO BHF AM SAS shall not in any case be held contractually liable for them. From January 3, 2018, when ODDO BHF ASSET MANAGEMENT provides investment advisory services, please note that it’s always on a non-independent basis pursuant to the European Directive 2014/65/EU (so-called “MIFID II Directive”). Please also note that all recommendations made by ODDO BHF ASSET MANAGEMENT are always provided for diversification purposes.