The company said the new instrument, Man Group ESG Analytics, will further enhance its responsible investment capabilities, with management data and real-time insight into a portfolio’s performance and proxy voting statistics.
The dashboard uses a proprietary ESG scoring system derived from data research from quantitative investment division Man Numeric.
The system, Man Group said, applies data science and quantitative analysis to disaggregate multi-vendor ESG data sets. It aims to generate a holistic score for a company’s sustainability profile and impact.
Datasets from three ESG data providers, Sustainalytics (ESG rating and controversies data), MSCI (ESG rating) and Trucost (environmental information) will also be integrated into the platform, which Man says will enable portfolio managers to evaluate a wide variety of company-specific data. metric.
Investment teams will be able to review data at a company, portfolio and index level, with the aim of making it easier to identify potential ESG risks. The dashboard will also display voting activity, reflecting the degree of fund-level engagement by Man Group’s investment teams.
The tool was developed under the direction of the group’s Responsible Investment team, with the collaboration of Man Numeric and the risk analysis and performance and management teams.
Jason Mitchell, co-head of responsible investment at Man Group, said sophisticated approaches and advanced analytics are key to identifying and understanding ESG.
“Man Group ESG Analytics represents three significant achievements for Man Group: First, it helps demystify and organize the complexity of ESG data for our investment teams and clients,” said Mr. Mitchell.
Rob Furdak, co-chief investment officer at Man Numeric, added that one of the main challenges managers face when integrating responsible investing into their processes is that ESG data is “messy and subjective”.
“The Man Numeric ESG team undertook a rigorous process to understand the unique qualities of this data and develop a multi-source, sector-specific ESG view,” said Mr. Furdak.
“We are excited about the launch of the ESG Analytics tool and the opportunities it represents for us as a company.
The development of the ESG Analytics tool follows the introduction of Man Group’s RI Fund Framework, a formalized framework which quantifies the degree of RI focus for all Man Group funds; and the Man Group RI Exclusions List, an exclusive list of sectors and companies ineligible for the firm’s portfolios.
