Old Mutual Investment Group: Best ESG Responsible Investor Africa 2023
Old Mutual Investment Group focuses on responsible stewardship of client assets and delivering sustainable long-term returns for institutional and retail investors. It forms an integral part Old Mutual Limited, which has been serving clients across the African continent since 1845. Old Mutual Investment Group enables clients to invest for a future that matters through a range of ESG-driven equity and debt products. According to Old Mutual Investment Group’s 2022 Responsible Investing (RI) report, it had $24bn in AUM at the end of 2021. The group actively manages 217 portfolios and employs 51 research analysts, including five dedicated RI specialists. It leads the vanguard of responsible investing by integrating material ESG factors across investment decisions, practicing active asset stewardship and developing return-seeking products with targeted ethical and sustainability outcomes. The asset manager assists investee companies to achieve ESG excellence through active engagement and proxy voting. The group, which is committed to increasing black and female representation among business leaders, investment decision-makers, ownership and shareholding — engages with investee companies to encourage similar transformation targets. Old Mutual Investment Group welcomes increased scrutiny from regulators to combat the wave of greenwashing that’s diverting funding from intended targets and undermining investor trust. In response, it has created an AI task team to complement the depth, quality and credibility of ESG research across the investment process. The CFI.co judging panel presents Old Mutual Investment Group — a repeat programme winner — with the 2023 award for Best ESG Responsible Investor (Africa).
