APG and E Fund Management will launch the world's first China Sustainable and Responsible Focus Investment Strategy
BEIJING, China, Sept. 18, 2017 /PRNewswire/ -- APG, the largest European pension asset manager and administrator, together with E Fund, the third largest fund manager in China, announced today that it will launch the first concentrated equities strategy that invests in China A-shares and adheres to sustainable & responsible investing frameworks and criteria.
"APG is a firm believer and promoter of responsible investing. We are happy to partner with E Fund to establish this milestone to embrace our role and duty as responsible long term asset manager, for the benefit of our clients. Our RI approach combined with local intelligence will create unique investment opportunities for us in China. We are hoping to set a trend and share our knowledge and experience with other institutional investors," Ronald Wuijster, acting CEO of APG Asset Management, explained.
'We are very delighted to work with APG to bring this world class ESG investment experience to our marketplace. E Fund is already a member of UNPRI and we have been equipping ourselves for ESG investments for quite some time. We are so excited to translate our efforts into a tangible investment strategy, which we are confident to produce positive investment returns, and to expand the positive impacts to a more sustainable community beyond financial performance," stated by Sau Kwan, President of E Fund Management.
About APG
APG administers pensions and manages pension assets of one of every five Dutch families. As of year-end 2016, it invests 443 billion Euros of pension assets as fiduciary/pension manager, which has made the company the largest pension manager in Europe and one of the largest fiduciary managers worldwide. APG operates globally with offices in the Netherlands (Amsterdam and Heerlen) and subsidiaries in Hong Kong and New York, with more than 2,000 highly qualified employees in the pension administration and the asset management environment.
About E Fund
Established on April 17, 2001, E Fund has grown to be a leading asset manager that provides asset management services in China with mutual funds, pension funds and segregated account business. As of June 30, 2017, the company has overseen total AUM over RMB 1.1 trillion, ranking the top 3 fund managers in China. Headquartered in Guangzhou, China, E Fund has offices in Beijing, Shanghai, Hong Kong, Nanjing, Chengdu, Dalian and New York.
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