The Impax Asian Environmental Markets fund has received a Responsible rating from ratings house RSMR, becoming only the 47th fund to carry the rating.
Investment Week has learned of the fund receiving the rating, making it the first time that RSMR has rated an Impax fund. RSMR introduced its Responsible fund rating in 2012, which was called SRI ratings at the time and subsequently renamed. Stewart Smith, head of managed portfolio services at RSMR stated: "ESG factors represent potential risks to any fund's holdings, therefore we consider ESG to be an integral part of the research process for all funds we assess, monitor and ultimately rate. "Funds with an RSMR Responsible rating go beyond ESG investing with each of the 47 RSMR Re...
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