A leading financial services company has added CSR services to its securities lending investment programme. Clients of Citi, a US-based consultancy with $13trillion (£8tn, €9.15tn) of assets under management, will be offered the option to invest cash collateral, the proceeds of liquid asset sales while in bankruptcy, under SRI principles, in what the company is claiming to be a breakthrough in the area.
The new service, developed in partnership with Sustainalytics, allows investors to apply customized CSR screens to create a universe of securities in which Citi’s collateral management department can invest
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