Index provider Alerian S-Network Global Indexes has expanded its ESG offering and partnership with gold source data provider, IdealRatings.
The firm writes that its partnership with IdealRatings bolsters both firms’ commitment to providing investors broader access to a range of easily comprehensible solutions that incorporate ESG criteria. IdealRatings’ robust ESG scoring and ratings dataset conforms to international guidelines, identifying companies with positive and negative impacts based on their involvement in certain activities and/or countries. The indexes are rebalanced and reconstituted on a semi-annual basis.
Using IdealRatings’ ESG key performance indicators (KPIs) for index and portfolio development, Alerian S-Network’s new global family of ESG indexes include:
• Alerian Ideal Ratings ESG & SRI 100 Index (SNESGP)
• Alerian Ideal Ratings ESG 100 Index (SNESGX)
• Alerian Ideal Ratings SRI 100 Index (SNSRIX)
Each strategy is accessible through a Separately Managed Account (SMA) on the Sanctuary Wealth Platform.
“ESG and responsible investing are prevalent across all conversations in the financial services space today,” says Michael Poisson, Managing Director of IdealRatings. “In collaboration with Alerian S-Network, our solutions advance investors’ ability to implement a portfolio strategy aligned with their values. As mainstream strategies, ESG and SRI are now accessible by every market participant.”
“Investor demand for ESG investment solutions represents a key growth area for indexing over the next decade,” says Robert Hughes, Chief Commercial Officer of Alerian S-Network Global Indexes. “IdealRatings has a proven reputation in this space, and we’re thrilled to partner with them to develop new, innovative solutions for the growing base of ESG investors.”
“Sanctuary Wealth is focused on empowering its partner firms and we know that investing in-line with one’s values is increasingly important to our advisors’ clients,” says Jim Dickson, Founder & Chief Executive Officer of Sanctuary Wealth. “In response to heightened adviser demand for ESG and in collaboration with Alerian & IdealRatings, we are thrilled to be implementing a best-in-class solution to our platform.”