F&C ASSET MANAGEMENT
The mandate covers approximately EUR 12 billion of Metzler's assets under management including all of their mutual funds and special institutional funds based on the equity and corporate bond asset classes. This is in addition to approximately EUR 11 billion of assets in Germany covered by the reo® product, and a total of EUR 112 billion of assets worldwide, as at June 30,
2014. The agreement reached between Metzler and F&C Investments encompasses seven different themes, including social and ecological aspects such as the environment, corporate
ethics, human rights, labour conditions, public health and corporate governance.
"We look forward to working with Metzler and engaging on their behalf with companies in which they invest for specific social and ecological themes, as well as aspects of corporate governance through the exercising of voting rights and via engagement dialogue," said Matthias Beer, Associate Director of the Sustainability Team at F&C Investments.
"With this appointment, voting rights can be bundled together in such a way as to ensure that sustainability-geared owner responsibility is practiced," noted Joachim Treppner, Managing Director of Metzler Investment GmbH.
Dr. Rainer Matthes, Managing Director of Metzler Asset Management GmbH, added: "The overlay structure makes it possible for F&C to engage with companies on behalf of Metzler and thereby promote sustainable development. This complements the 'Best in Class' investment model already being implemented for sustainability portfolios".
F&C Investments and Metzler Asset Management GmbH / Metzler Investment GmbH are among the signatories of the United Nations' Principles for Responsible Investment (UN PRI). The principles cover aspects such as environmental, social and corporate governance. By signing the UN PRI, the asset managers agree to comply with the principles of responsible behaviour when making their investment decisions. Metzler signed the UN PRI in 2012 and is one of the first German asset managers to recognise these principles. Since 2000, F&C has been one of the market leaders in Engagement Advisory, i.e. dialogue with companies aimed at achieving positive changes, and in 2006 was a founder signatory of the UN PRI.
www.fandc.de
F&C is focused exclusively on managing money for its clients. It manages assets for a combination of insurance clients, institutional investors, intermediaries and private individuals. F&C invests across all major asset classes - equities, fixed income and property - and has specialist expertise in asset allocation, alternative investments, liability driven investments, multi-manager, private equity funds and Environmental Social and Governance (ESG) Investing. The F&C Group includes F&C REIT, a global real estate asset manager.
F&C has a strong footprint in the U.K. and the rest of Europe with assets under management of approximately £83 billion as at June 30, 2014. F&C has a rich heritage that dates back almost 150 years and can be traced back to the founding in 1868 of the Foreign & Colonial Investment Trust.
F&C is a part of BMO Global Asset Management, a global investment manager delivering service excellence from 24 offices in 14 countries to clients across five continents. Including discretionary and non-discretionary assets, BMO Global Asset Management had more than US$280 billion in assets under management, as of July 31, 2014. BMO Global Asset Management is a part of BMO Financial Group (NYSE:BMO), a highly diversified financial services organization based in North America with approximately 47,000 employees as of July 31, 2014.
Past performance should not be seen as an indication of future performance. The value of investments and income derived from them can go down as well as up as a result of market or currency movements and investors may not get back the original amount inve sted. The information, opinions estimates or forecasts contained in this document were obtained from sources reasonably believed to be reliable and are subject to change at any time. F&C Group Companies may from time to time deal in investments mentioned herein on behalf of their clients. The source of information in all graphs is F&C unless otherwise stated. F&C Management Limited is a uthorised and regulated by the Financial Conduct Authority FRN: 119230 F&C Management Limited is a member of the F&C Group. The F&C Group is wholly owned by BMO Global Asset Management (Europe) Limited, which is itself a wholly owned subsidiary of the Bank of Montreal. F&C, the F&C logo, REO and the 'reo' logo are registered trademarks of F&C Asset Management plc. F&C Investments and the F&C Investments logo are trademarks of F&C Management Limited. © Copyright F&C Management Limited 2014. All Rights Reserved. Neither this document nor any part of it may be reproduced by any party whether by photocopying or storing in any m edium by electronic means or otherwise without the prior approval of F&C Management Limited.
F&C Management Ltd accepts no liability in respect of the information or any views expressed herein which may be subject to c hange without notice at any time.
Media Contacts:
Richard Janes
Director, Communications
Richard.janes@fandc.com
Tel: +44 (0) 20 7011 4298
fandc.sc@fticonsulting.com
Tel: +44 (0) 20 3727 1888
www.fandc.com
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