Bringing you live news and features since 2006 

Northern Trust Asset Management and GRESB launch sustainable real estate index and fund

RELATED TOPICS​

Northern Trust Asset Management, collaborating with GRESB, the global sustainability benchmark for real assets, has launched a sustainable real estate index.

A Dutch-domiciled pooled fund passively managed to this new index has also been launched.
 
The industry-first index is exclusively available to investors using Northern Trust Asset Management vehicles and has been developed in response to demand for a passive approach to real estate investing incorporating environment, social and governance (ESG) factors.
 
“Northern Trust listens to investors and develops solutions to meet their evolving needs. We are delighted to collaborate with GRESB to create this ground breaking index and to launch a fund which tracks the index. This enables passive investors to benefit from the long-term returns associated with listed real estate companies, whilst incorporating sustainable investing principles,” says Hazel McNeilage (pictured), managing director for Europe, Middle East and Africa at Northern Trust Asset Management.
 
GRESB is a Netherlands-based investor-driven organisation and a leader in the field of sustainable real estate assessment. It is committed to assessing the ESG performance of real assets globally, including real estate portfolios and infrastructure assets. GRESB uses more than 40 specific indicators across seven aspects of sustainability to assess real estate companies.
 
“The environmental performance of buildings has been shown to have a clear link with the underlying financial performance of the assets, and with the risk return profile of property companies or investment funds ultimately owning the assets,” says Sander Paul van Tongeren, managing director of GRESB. “This new fund will, uniquely, allow investors to passively gain exposure to companies that are highly transparent about their ESG performance and reducing environmental and social impact while also incorporating broad geographic and sector diversification.
 
“The use of GRESB’s ESG data further institutionalises the important role of environmental, social and governance information in the financial market.”
 
“Northern Trust has long been a pioneer of environmental, social and governance investing, and this first-of-its-kind index fund underlines our approach to identifying ways to continue to innovate and offer our clients market-leading solutions that support their risk return profile and meet their responsible investing needs,” says Mamadou-Abou Sarr, global head of ESG investing at Northern Trust Asset Management.

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by