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 optimising 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 US ESG Leaders  
  • Calvert Tax-Managed US ESG Leaders 
  • Calvert Global ex-US Developed Markets ESG Leaders  
  • Calvert Tax-Managed Global ex-US 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 developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

10 months 2 weeks ago
Kevin Gorman

Super director remuneration ...

10 months 3 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

10 months 3 weeks ago

The central bank has served up a disappointment for punters on Melbourne Cup Day....

4 hours ago

The fund’s inaugural chief retirement officer is looking to establish a new venture. ...

9 hours ago

The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update....

1 day 2 hours ago