Evenlode Investment continues to evolve its stewardship and ESG framework, as it looks to capitalise on growing assets under management (AUM) in order to exert influence on management teams around the world.
Evenlode, which runs UK Income and Global Income funds, hired Sawan Kumar as stewardship analyst from Schroders in August 2017, charging him with fully integrating the team's work on ESG metrics into its investment process. Chris Elliott, co-manager on the Evenlode Global Income fund, said that as a long-term investor the firm had always been focused on ESG issues. "We are a small team; there are 15 of us," Elliott said. "We do not have the room to carry anything that does not help us with the long-term management of the funds. We would not do ESG if we did not think it was important...
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