Acadian Named Best International Equities ESG Manager
Sydney, Australia - December 07, 2023: Acadian Asset Management’s Sustainable Global Equity strategy has been recognised for its performance over the short, medium and long term by Australia’s finance magazine, Money.
Announced yesterday at the Money Best of the Best Awards, Acadian took out the Best International Equities ESG category, as judged by investment data and research company, Rainmaker.
The Money Awards seeks to identify Australia’s best performing super and investment options by assessing their performance over one, three, five and 10 years. In addition to performance, Rainmaker’s proprietary composite scoring method also assessed consistency, risk management and a level of capital protection.
Accepting the Award on behalf of Acadian’s global investment team, Matt Picone, Acadian Australia Portfolio Manager, attributed the group’s success to its data-driven, multi-factored investment process, leading to effective stock selection and positive performance.
“Our exposure to value and buying cheaper securities has been a significant contributor to our performance, especially in the current economic environment, but other important attributes include a company’s quality, the strength of its cashflow and management team, and earnings growth,” he said.
“Acadian’s systematic process already incorporates over 70 predictive factors including a range of ESG signals. The sustainable strategy also applies our proprietary net zero glide-path to dynamically decarbonise the portfolio relative to the benchmark over time and is thoughtful about how restrictions are applied."
The Acadian Sustainable Global Equity strategy aims to deliver superior long-term returns by actively investing in a diversified portfolio of global companies while incorporating a range of ESG investment criteria and reducing exposure to carbon intensive companies relative to the benchmark.
Unlike some ESG strategies, which apply broad and blunt exclusions on energy and other emission intensive businesses, Acadian’s process acknowledges that the transition to a low carbon future will take time.
As such, it incorporates forward-looking measures to identify companies that may be intensive today but are making efforts to decarbonise. Only companies that are unable or unwilling to transition are considered for exclusion from the investment universe.
“During a period when energy and other commodities have performed strongly, our unique approach has had important implications on returns. We have been able to capitalise on opportunities while taking into consideration environmental characteristics through selecting energy companies that we believe are contributing to the transition,” Picone said.
About Acadian Asset Management (Australia) Limited
Acadian Asset Management (Australia) Limited (ABN 41 114 200 127) is the holder of Australian financial services license number 291872 ("AFSL"). Under the terms of its AFSL, Acadian Asset Management (Australia) Limited is limited to providing the financial services under its license to wholesale clients only.
About Acadian Asset Management
Acadian Asset Management LLC invests on behalf of pension funds, endowments, governments, foundations and other institutional investors, with approximately A$150bn in assets under management globally, as of 30 September 2023. The firm uses an innovative array of disciplined, systematic investment techniques across stock-specific, macro, and peer forecasting models. Acadian offers multi-asset class, ESG, alternative alpha, managed volatility, and long-only strategies, such as emerging markets, small-cap and global strategies. It has affiliated offices in London, Sydney, and Singapore.