$196 Billion European Asset Manager Robeco Launches Fashion Engagement Equities Strategy, Invests in 30 to 40 Publicly Listed Companies in the Entire Fashion Value Chain
17th November 2023 | Hong Kong
European asset manager Robeco with $196 billion AUM (Assets under Management) has launched the Robeco Fashion Engagement Equities Strategy, with the fund to invest in 30 to 40 publicly listed companies in the entire fashion value chain (13/11/23). Robeco: “The new strategy will invest in, and engage with, 30 to 40 publicly listed companies across the entire fashion value chain, from sourcing, to production, consumption and end-of-life. Companies exposed to casualization, premiumization, circularity and automation megatrends are considered in the stock-selection process. The team combines disciplined fundamental analysis with tailored, multi-year engagements on key sustainability challenges to construct an investment portfolio with potential for growth and positive change.” More info below:
“ $196 Billion European Asset Manager Robeco Launches Fashion Engagement Equities Strategy, Invests in 30 to 40 Publicly Listed Companies in the Entire Fashion Value Chain “
Dora Buckulčíková, Portfolio Manager, Robeco: “Our conviction is that profit and positive change can go hand in hand. There is increasing demand for the fashion industry to transform. Companies with leading sustainability characteristics are likely to do better than laggards in the long run. It is our responsibility as long-term shareholders to encourage transparency and sustainable business practices at the individual company level. We believe this strategy positions investors to benefit from and contribute to the fashion industry’s sustainable transition.”
$196 Billion European Asset Manager Robeco Launches Fashion Engagement Equities Strategy, Invests in 30 to 40 Publicly Listed Companies in the Entire Fashion Value Chain
13th November 2023 – Today Robeco launched its Fashion Engagement Equities Strategy (Article 8, SFDR). The new strategy focuses on the generation of attractive long-term investment returns, while engaging with all the companies in the portfolio.
Fashion is a growing industry generating USD 2.5 trillion in sales per annum and employing more than 300 million people globally across its supply chain. Future growth will be driven by rising global population growth, increasing disposable incomes and conspicuous consumption.
However, the fashion industry faces several social and environmental challenges. Garment worker pay is on average 45% below local living wages3. Moreover, every year about 100 billion articles of clothing are produced of which less than 1%4 is recycled into new clothing, and the industry is responsible for up to 10% of global greenhouse gas emissions5. It is critical that sustainable solutions are implemented to transform the sector’s operations from a linear, take-make-waste model to a circular one, and that pressing social issues including workers’ rights and living wages are addressed.
The new strategy will invest in, and engage with, 30 to 40 publicly listed companies across the entire fashion value chain, from sourcing, to production, consumption and end-of-life. Companies exposed to casualization, premiumization, circularity and automation megatrends are considered in the stock-selection process. The team combines disciplined fundamental analysis with tailored, multi-year engagements on key sustainability challenges to construct an investment portfolio with potential for growth and positive change. Robeco believes that safeguarding economic, environmental, and social assets is a prerequisite for a healthy economy and to generate attractive returns in the future.
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