Paris-based investment manager Ossiam has announced that the company’s four ESG exchange-traded funds (ETFs) now carry an official French socially responsible investment label following an audit by EY France.
At the end of December 2019, Ossiam managed a total of €770m in assets within its ESG offering, the first fund of which was launched in 2016.
The SRI label was launched by the French Ministry for Finance in 2015 following an investment industry initiative and is backed by L’Association Française de la Gestion financière (AFG), the French asset management trade association.
Bruno Poulin, CEO of Ossiam, said,"The SRI label acknowledges our team’s commitment to socially-responsible and ESG investment and the quality of their work. Since the company’s establishment Ossiam has been driven by a strong awareness of the challenges in sustainable development. ESG issues are central to the construction of Ossiam’s investment strategies.”
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