Standard Life Investments appoints new Head of SRI
30 September 2013
Standard Life Investments, the global fund manager, has announced the appointment of Amanda Young as Head of Sustainable and Responsible Investment (SRI).
During the past 15 years Amanda has built an excellent reputation in the field of sustainable and responsible investment and is a main board director of the UK Sustainable Investment and Finance Association (UKSIF). She is also a member of the Market Committee Advisory Group of UKSIF. Amanda joins the company from Newton Investment Management.
Commenting on the appointment, Rod Paris, Chief Investment Officer, Standard Life Investments said:
“We are delighted that Amanda has joined Standard Life Investments as Head of SRI, adding to our already strong capability in this area. Our SRI Investment approach is a very important part of our Focus on Change investment process. We strongly believe that companies with robust environmental and social practices will enjoy long term financial benefits and we seek to encourage such practices with a view to protecting and enhancing investments held on behalf of our clients.
“Over the last few years, we have extended the reach of SRI into our investment process and have been successful in wining SRI business as an increasing number of investors recognise the benefits of this approach”
Commenting on her new role, Amanda Young said:
“I am extremely pleased to join Standard Life Investments. As a long term investor Standard Life Investments takes sustainable and responsible investment very seriously. The success that Standard Life Investments has enjoyed in attracting new SRI mandates clearly demonstrates the importance that both the company and its clients attach to SRI. Through our efforts I look forward to contributing to the development of the principles and standards of corporate responsibility.”
Standard Life Investments has further strengthened the SRI Team with the recent appointments of Rebecca Maclean and Alix Chosson as SRI Managers. Rebecca joins from Trucost, where she worked as a Senior Research Analyst, and Alix joins from Generali Investments in Paris where she was an SRI Analyst specialising in the energy and technology sectors.
Standard Life Investments’ Standard Life UK Ethical fund, managed by Lesley Duncan, was recently awarded a Morningstar OBSR Analyst Rating of Bronze. The fund aims to provide long-term growth by investing in a diversified portfolio of UK equities that meet Standard Life Investments’ ethical criteria.