Schroders Sustainable Fund Wins Global Equity Award

    Stockholm (NordSIP) – On Tuesday, March 7th, Morningstar announced Schroders Investment Management as Sweden’s winner of this year’s International Fund Award. Schroders was awarded “Best Global Equity Fund” for the Schroders Global Sustainable Growth fund .

    The annual Fund Award of the Year took place at a ceremony in Stockholm on March 7th, recognising and celebrating the best of the fund management profession, selected by Morningstar’s research analysts based on the company’s qualitative forward-looking fund rating system. The award was collected by Johan Strømberg (Pictured), Director of Private Assets at Schroders.

    “We are delighted to receive this industry award as it is a testament to our active investment management approach with a purpose to create a better future by investing responsibly for our clients. As a global investment manager we recognise that only companies that are managed for the long-term and account for their impact on all stakeholders can deliver outstanding growth consistently over time”, Henrik Jonsson, Country Head Nordics at Schroders, said.

    “Being one of the first foreign asset managers with a local presence, the last 30 years in the Nordics have been key to Schroders’ development in the region. While Nordic investors have come to learn about Schroders, they also acknowledge our ability to uncover the sustainable winners of the future, which is key to many investors in the region,” Jonsson added.

    The Schroders Global Sustainable Growth Fund

    The Schroders Global Sustainable Grow fund this an Article 8 fund according to the EU’s Sustainable Finance Disclosures Regulation (SFDR) and is managed by Charles Somers and Scott MacLennan. It seeks to provide capital growth by investing in equities of companies worldwide which meet Schroders IM’s sustainability criteria.

    The fund uses Schroders’ proprietary Sustainability Quotient (SQ) framework to guide its sustainability analysis. “The framework is an in-depth, forward-looking, qualitative assessment comprising of 20 questions framed around 4 broad pillars. These are complex issues that require us to consult a wide range of resources and interact directly with companies to determine their sustainability profiles or flag out existing issues. The process is highly rigorous and stringent, with ~50% of companies rejected post-analysis.”

    As of the end of February 2023, approximately 77% of the fund was invested in USA, UK and European companies. Sectorally, over 55% of the fund was invested in IT, Health care and financial stocks, including Microsoft, Schneider Electric, Alphabet, Toronto Dominion Bank, Texas Intruments and AstraZeneca, among others.

    Image courtesy of Gustaf Wennerholm
    Filipe Albuquerque
    Filipe Albuquerque
    Filipe is an economist with 8 years of experience in macroeconomic and financial analysis for the Economist Intelligence Unit, the UN World Institute for Development Economic Research, the Stockholm School of Economics and the School of Oriental and African Studies. Filipe holds a MSc in European Political Economy from the LSE and a MSc in Economics from the University of London, where he currently is a PhD candidate.

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