2013 Novethic SRI Label
Echiquier Major awarded the 2013 Novethic SRI label
Paris, September 12, 2013 – The 2013 Novethic SRI Label has been awarded to Financière de l’Echiquier’s Echiquier Major fund. Invested in a selection of European large-cap growth companies, Echiquier Major ranks among the main European equities funds on the market in France.
The Novethic SRI Label is awarded to Socially Responsible Investment (SRI) funds that demonstrate a systematic integration of Environment, Social and Governance (ESG) considerations in fund management. The Novethic SRI Label provides investors with a guarantee of transparency and of the traceability of their investments. It is based on four criteria :
– environment, Social and Governance (ESG) assessment of at least 90% of the portfolio
– a transparent SRI selection process
– regular information on the SRI qualities of investments
– full publication of the portfolio’s composition
Further information on : www.novethic.fr.
Echiquier Major, currently has more than €1 billion in assets under management and is one of the largest European equities funds on the French market. It is also one of the best achieving funds with performances placing it in the top decile of its category over five years and since its creation (source: Morningstar). The fund was created in 2005 and invests in a selection of European large-cap growth stocks that have an asserted position of leadership in their industry. Echiquier Major is approved for marketing in France, Germany, Belgium, Spain, Italy, the Netherlands and Switzerland.
Financière de l’Echiquier is wholly owned by its managers and employees. With €6.7 billion in assets under management and 92 employees, it is one of the leading independent portfolio management companies in France. Since 1991, Financière de l’Echiquier has developed a management method based on in-depth knowledge of companies, with quality of management a fundamental criteria for its stock-picking process. Convinced that the quality of a company’s social responsibility directly favours its development, Financière de l’Echiquier established its socially responsible investment expertise as of 2007 and has been a signatory of the Principles for Responsible Investment (PRI) since 2008.
* Source : Morningstar