Thursday, 29 June 2023: First Sentier Investors (FSI), a leading global investment manager today announced the appointment of Sudip Hazra as Director of the First Sentier MUFG Sustainable Investment Institute (the Institute), effective 6 June.
Established in 2021, the Institute provides independent research on sustainable investment-oriented issues including macro research on market trends and issues, the effects of regulation and how trends impact the performance of investors, companies, sectors and economies. The Institute is jointly supported by FSI and its shareholder, Mitsubishi UFJ Trust and Banking Corporation, a subsidiary of Mitsubishi UFJ Financial Group (MUFG).
Kate Turner, FSI’s Global Head of Responsible Investment, said, “Sudip will be instrumental in delivering a research programme designed to enhance awareness and understanding among the investment community on a wide range of investment-oriented sustainability topics.
Turner added, “As responsible investors, we believe that incorporating ESG considerations into our investment approach leads to better outcomes for our clients and broader society. With Sudip spearheading research for the Institute, we will deepen our knowledge and shape how we can collectively respond to addressing these complex issues. I look forward to the value that he will add to our businesses and the broader investment community.”
Hazra, who is based in London, brings a wealth of sustainable research experience to his new role. Before joining the Institute, he was Director of ESG Research for Invesco. There, he led implementation of a global net zero investment research framework, developed processes for compliance with Articles 8 and 9 of the EU Sustainable Finance Disclosure Regulation, and was part of the team that won ‘Best ESG Research’ at the ESG Investing Awards 2023. Prior to Invesco, he was Head of ESG Research and Responsible Investment at KeplerCheuvreux where he received the Farsight Award for best ESG orientated research.
Hazra said: “The complexity of the sustainability issues that investors are facing today requires much deeper analysis. I look forward to working with the team to deliver research that has practical application and can assist investors in their capital allocation decisions and company engagement programs.”
For more information about the Institute, visit firstsentier-mufg-sustainability.com
Senior Communications Manager
E: [email protected]
M: +61 476 490 514
About First Sentier Investors
First Sentier Investors manages A$221.2 billion in assets (as at 31 March 2023) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide.
The firm was acquired by Mitsubishi UFJ Trust and Banking Corporation, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc in August 2019, and operates as a standalone global investment management business with offices across Europe, the Americas, and Asia Pacific.
First Sentier Investors is a globally Certified B Corporation and signatory to the UK Stewardship Code. The firm’s investment expertise spans across a range of asset classes and specialist sectors focused on delivering sustainable investment success based on responsible investment principles.
For more information, visit www.firstsentierinvestors.com
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,500 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
For more information, visit mufg.jp/english
This press release is intended for information only, aimed solely at the media and should not be further distributed to individual and/or corporate investors, and financial advisers and/or distributors. The information included within this document and any supplemental documentation provided should not be copied, reproduced or redistributed without the prior written consent of First Sentier Investors.
This material has been prepared and issued by First Sentier Investors (Australia) IM Ltd (ABN 89 114 194 311, AFSL 289017) (Author). The Author forms part of First Sentier Investors, a global asset management business. First Sentier Investors is ultimately owned by Mitsubishi UFJ Financial Group, Inc (MUFG), a global financial group.
This material contains general information only. It is not intended to provide you with financial product advice and does not take into account your objectives, financial situation or needs. Before making an investment decision you should consider, with a financial advisor, whether this information is appropriate in light of your investment needs, objectives and financial situation. Any opinions expressed in this material are the opinions of the Author only and are subject to change without notice. Such opinions are not a recommendation to hold, purchase or sell a particular financial product and may not include all of the information needed to make an investment decision in relation to such a financial product.
To the extent permitted by law, no liability is accepted by MUFG, the Author nor their affiliates for any loss or damage as a result of any reliance on this material. This material contains, or is based upon, information that the Author believes to be accurate and reliable, however neither the Author, MUFG, nor their respective affiliates offer any warranty that it contains no factual errors. No part of this material may be reproduced or transmitted in any form or by any means without the prior written consent of the Author.
Copyright © First Sentier Investors (Australia) Services Pty Limited 2023. All rights reserved.