Stockholm (NordSIP) – On August 9th, US-headquartered asset management consultant Mercer announced a global expansion of its sustainable investment capabilities by an additional 30%. According to the press release, the boost is necessary to meet the growing demand from clients looking to manage investment risk and return linked to climate change and other environmental, social and governance drivers.
Focusing on sustainability in manager research, the firm has decided to promote Sarika Goel (pictured), who has been with Mercer since 2010, to the newly created role of Global Head of Sustainable Investment Research. Before joining Mercer, Goel spent three years at RBC Wealth Management in London within the Advisory and Discretionary business groups. Previously, she spent two years as an equity research associate at Scotia Capital in Toronto, Canada, covering the Canadian Banks and Diversified Financials sectors. Goel holds an MBA from the Rotman School of Management, University of Toronto, and is a CFA charter holder.
“Sarika has been instrumental in driving the leadership and guidance that Mercer provides on sustainability in manager research,” comments Jo Holden, Mercer’s Global Head of Investment Research. “In her new role, she will drive the agenda for manager research coverage of investment strategies across asset classes focused on sustainable development, climate transition, impact investment and stewardship. Sarika also will lead the development of thought leadership related to Mercer’s sustainable investment research agenda,” he adds.
Mercer has seen substantial asset growth in its range of sustainable-oriented funds over the last 12 months, the firm also points out in the press release. “As the world experiences seismic environmental and societal changes, we are committed to helping our clients consider how these shifts impact their portfolios,” comments Helga Birgden, Global Business Leader, Sustainable Investment at Mercer. According to her, the firm is committed to helping its clients meet their investment objectives by providing the sustainable research, investment advice and investment solutions that they need.
Picture courtesy of Mercer