Selection and monitoring of asset managers
The selection of asset managers is a critical phase in terms of responsible investment activities. ESG issues and related requirements should be thoroughly assessed when selecting a cooperative partner.
The Pension Fund encloses its guidelines for responsible investing in all requests for tenders, so that asset managers participating in the bidding are aware of the Pension Fund's expectations in relation to the offered investment strategy. The Pension Fund strives to assess the asset manager’s responsible investment philosophy and whether or not the product being offered can be approved as part of the Pension Fund's investment portfolio.
Asset managers do not need to have all the processes related to responsible investing in use at the start of the co-operation, but rather, the Pension Fund can also work on initiating such practices together with the asset manager. The asset manager’s commitment to the PRI provides a good foundation.
The Pension Fund assesses and monitors the following aspects of the asset manager’s responsible investing capacity: