FOR IMMEDIATE RELEASE
July 17, 2015 – As part of its pioneering work in country-level governance, Magni Global Asset Management (Magni) today announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI).
The PRI is a global network of asset managers, owners and service providers working together to put responsible investment into practice. The principles, which are voluntary, aim to provide a framework for integrating environmental, social and corporate governance (ESG) considerations into investment decision-making and ownership practices.
Magni uses a proprietary research process to assess the countries of the world on their ability to create an environment conducive to good corporate governance. The resulting investment information can be used as a way to measure the “G” in ESG and is an important element of responsible investing. Magni plans to be an active member, including submission of required reporting documents during the next PRI annual window.
Magni CEO Kurt Lieberman said: “The depth of Magni’s research combined with our more than a decade of historical information provide a unique and powerful perspective for PRI and others seeking both investment performance and portfolios aligned with their values.”
“We are delighted to welcome Magni as a PRI signatory”, said Fiona Reynolds, managing director of the PRI. “Their commitment to the ‘G’ of ESG is a needed element in growing awareness and importance of responsible investing.”
About the United Nations: Principles for Responsible Investment
The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six principles for responsible investment into practice. Its goal is to understand the implications of Environmental, Social and Governance issues (ESG) for investors and support signatories to incorporate these issues into their investment decision making and ownership practices. In implementing the principles, signatories contribute to the development of a more sustainable global financial system. Visit www.unpri.org.
About Magni Global Asset Management
About Magni Global Asset Management LLC is a Minnesota based money management firm founded by Dr. Roger Conant, previously the Chief Investment Officer for the St. Paul Companies/Travelers. Magni believes Countries MatterTM when investing internationally and scores countries on their ability to provide an environment conducive to good corporate governance. The firm developed its Sustainable Wealth Creation (SWC) research process based on well-accepted economic principles. Those principles are disaggregated into almost 300 Qualitative Sovereign Factors about the legal, regulatory, accounting, and economic infrastructure of a country. Magni has more than a decade of research across the investible countries of the world. For more information, please visit www.magniglobal.com or follow @MagniGlobal.