Ethical Performance
inside intelligence for responsible business
 

inbrief

inbrief

December 2002

Europe’s largest pension fund is to launch a $250million (£158m) socially responsible investment vehicle this month in which other pension funds will be able to invest. Netherlands-based ABP will run the fund with advice from US-based SRI analysts Innovest. Neil Marsh, managing director of European operations at Innovest, said the adoption of SRI principles by such a big fund for part of its investments was ‘a great opportunity to promote the mainstream philosophy for SRI.’ ABP was founded in 1922 as a fund for government employees and has around one million members.


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