Paradice Investment Management: Best ESG Global Equity Boutique Australia 2021
In the increasingly crowded field of ESG-aware fund managers, Paradice Investment Management (“Paradice”) stands out with the promise of accountability, alignment, experience and performance. Paradice was founded in 1999, and over the next two decades began operating from offices in Sydney, Denver, and San Francisco. Investments are aligned with client goals for achieving medium- and long-term compounding capital protection whilst balancing shareholder outcomes and stakeholder responsibilities. The investment teams, with over 150 years of combined investing experience, apply rigorous ESG analysis to manage risks and unearth opportunities. Paradice takes ESG into account in its investment process including identifying cashflow risks and market mispricing. Engagement is an integral part of successful ESG integration, covering general financially material risks. Paradice engages on general ESG issues utilising the Sustainability Accounting Standards Board’s framework. It identifies possible evidence of modern slavery by evaluating a company’s revenue and geographic supply-chain exposure. It factors climate change into the equation via a three-point check system: the regulatory implications of transitioning to a low-carbon economy, the physical risks of climate change, and the management team’s ability to deal with those challenges. All of these considerations are tracked and managed through on-going engagement with portfolio companies as appropriate. The CFI.co judging panel presents Paradice Investment Management, a carbon-neutral operation, with the 2021 award for Best ESG Global Equity Boutique (Australia).