Connect with us

Hi, what are you looking for?

Trending News

Square Mile buys ethical investment firm


Square Mile Investment Consulting and Research has built on its ESG analysis and research with the acquisition of Ethical Money and its associated trading entity, 3D Investing

Founded in 2014 by John Fleetwood, 3D Investing has focused on supporting IFAs and asset managers develop portfolios with a high social impact. Its 3D philosophy – ‘doing good, avoiding harm and leading change’ – is used to identify funds that have expertise in impact investing.

The company also has a 3D star rating, which currently applies to over 270 responsible and sustainable funds, and are used by fund selectors to create model portfolios.

Meanwhile, since being established in 2014, London-based Square Mile has built a reputable investment consulting and research business, which also holds ESG credentials in high regards. It rates funds and asset managers based on their sustainable policies and recently contributed to our sister publication ESG Clarity’s Responsible Ratings Index (RRI).

Quantifying impact

Richard Romer-Lee, managing director at Square Mile, said, “Responsible and impact investing are now a central consideration for growing numbers of advisers and their clients.

“For many, the potential for contributing to a better society and protecting the environment is just as important as a financial gain. However, it is equally important for investors to be able to quantify the impact for good that their investments have.

“Through 3D Investing, John has built a highly-regarded centre of excellence for assessing this impact. Furthermore, the experience he has gathered over a career dedicated to this field is unparalleled and supports our aspiration of being the market-leading specialists in this area.

“This acquisition was particularly attractive to Square Mile as it enables us to broaden and deepen our research and services we provide our clients.”

People moves

Following the acquisition Ethical Money, founder Fleetwood will join Square Mile as director of responsible and sustainable investing, and will work with the firm’s executive committee to strengthen the independent assessment of the positive impact of a fund’s investments.

He said: “I am delighted to be joining Square Mile, as the additional resource will enable the further development of the 3D Investing ratings and bring our services to a much wider market.

“Our services are highly complementary and bringing them together will create a market-leader in the responsible and sustainable investing market.”

The 3D Investing brand will be retained to identify research and consulting practices which have a focus on impact assessment.








Source link

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Trending News

via blogmaverick I wanted to get an understanding of what opening meant to businesses around Dallas. Were they opening? What precautions were they taking? Were...

Trending News

by Dr. Eowyn Washington State governor Jay Inslee is not only a rabid leftist (see “Washington Gov. Jay Inslee Signs Seven Anti Gun Bills...

Trending News

Canada Life has extended its segregated portfolio service (SPS) to a wider range of bonds. The SPS provides clients with access to an offering...

Trending News

by Tom Wigand Cross-posted from trevorloudon.com An ordained minister from Chicago. A former Black Panther. Supported by the Democrat Socialists of...