8 THE GOOD LIFE SEPTEMBER 2014 Welcome Ecclesiastical Investment


Management - ‘profits with principles’ for over 25 years


investor, selecting the right product and the right manager can be challenging. Having to balance cost, long-term performance, allocation and sector strategy with overall market sentiment, presents hazards and risks. Among


C these


onsumers face a bewildering choice when it comes to selecting investment products. Even for the more experienced


builds in cost (broker commission, stamp duty) while suggesting the fund manager has little overall long-term stock conviction. Sustainability works naturally with the


investment considerations


is a growing appreciation that responsible investment can be a key differentiator in the selection of managers and their potential long- term performance. Why? We believe many investors are looking for long-term, sustainable performance where the market model is increasingly short-termist. Check many funds and you’ll see the fund ‘churn’ — the turnover within the portfolio — at 100% or above. Tis


weave of long-term thinking. At Ecclesiastical Investment Management we believe that companies that manage material ESG (environmental, social and governance) risk well are more likely to perform better for shareholders over time. We might go so far as to argue that traditional fund management that concentrates only on financial metrics has got it wrong for clients. It seems clear to us that there needs to be a broader awareness and understanding of risk in which key intangible concerns such as environmental and human rights risk is assessed. Research also consistently shows that when asked, consumers


would like to invest with principle – that is they want to make money from their capital, but to do so in ways that do not compromise their wider values and principles. At Ecclesiastical Investment Management we have been managing our


‘profits with


principles’ model for over 25 years, launching our first ethically screened Fund — the Amity UK Fund — as long ago as 1988 when ethical investing was still in its infancy. It’s gratifying to see that a quarter of a century on,


the UK consumer now has over 100


ethical or responsible investment funds from which to choose, covering the waterfront of classic ‘negative’ exclusion (tobacco, arms and gambling) to ‘positive’ stock selection on sustainability grounds,


to thematic energy and water funds, to impact investments


with a social and financial return. Whatever the individual’s sustainability objectives and preferences, there’s almost certainly a responsible investment product to match. Te investor will then want to explore a little


more deeply the manager’s capability in the responsible investment field. How long have they managed ethical or responsible funds? Is this a key area of expertise with a dedicated in-house team? What is the fund manager’s process and have they been recognised externally for their performance in the sustainability field? Te world is changing fast and nowhere more


so than in the investment arena. We think investors can no longer ignore some of the most material non-financial risks impacting business, but can you be sure your manager is leading the charge?


Ecclesiastical Investment Management. Responsible Investment helping to deliver long-term ‘profits with principles’


www.ecclesiastical.com/investments T: 0870 8708056


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