Scottish Borders Council Pension Fund partners with MSIM on sustainability

Coins with tree growing out

Published: Friday, 15th March 2019

Our Pension Fund has become the first UK Local Authority Pension Fund to invest in Morgan Stanley Investment Management’s (MSIM) Global Sustain Strategy.

The Pension Fund manages £711m of assets on behalf of the 18 underlying employee organisations that make up the Fund.

Ethical investments

Launched in 2018, the Global Sustain strategy is managed by MSIM’s International Equity team and offers the opportunity to invest in a portfolio of high quality companies that are carbon light, tobacco-free, alcohol-free, and free of fossil fuels.

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Councillor David Parker, Chair of the Pension Fund Committee

“The Scottish Borders Council Pension Fund believes that a positive approach to ESG issues can positively affect the financial performance of investments whereas a failure to address these considerations can have a detrimental effect. The Fund is therefore pleased that an asset manager we have partnered with for 7 years is now offering an investment strategy that fully integrates ESG principles while delivering on the long-term needs of our pension funds”

Paul Price, Global Head of Distribution, MSIM

“We are delighted that Scottish Borders Council Pension Fund has decided to invest in Global Sustain. We recognise that our position as a leading global investment house comes with the responsibility to be a strong advocate in the evolution of sustainable investing.”

William Lock, Head of the International Equity team

“Today’s more uncertain world demands a focus on material ESG risks and opportunities and active long-term engagement with companies. We view understanding and incorporating ESG as essential to long-term compounding. There is demand for high quality ESG integrated funds to meet clients’ investment requirements without any compromise to returns. Global Sustain is our solution for this, aiming to deliver compounding with a conscience.”