Morgan Stanley adds ESG strategies by Calvert Research
Calvert Research and Management (Calvert), a Morgan Stanley Investment Management affiliate, recently announced the launch of a suite of ESG-focused responsible investment strategies in Europe. The new Calvert strategies are compliant with SFDR Article 9 and have a long-term investment goal throughout the ESG spectrum. This news follows MSIM's March 2021 acquisition of Eaton Vance, Calvert's parent firm.
Calvert, a pioneer and leader in responsible investing since 1982, uses unique fundamental research, financially relevant ESG data analysis, and direct company interaction to produce competitive investment returns across asset classes.
The new strategies are part of an array of solutions that invest in firms with leading ESG qualities with the primary goal of long-term value creation and good global impact.
John Streur, President and Chief Executive Officer of Calvert Research and Management, said:
"We are excited about leveraging Morgan Stanley Investment Management’s leading non-U.S. distribution capabilities to bring Calvert’s proven, Principles-based sustainable investment strategies to a much broader universe of investors. Our proprietary research system drives our investment process and enables us to identify the companies leading their peers in managing financially material ESG risks and opportunities, and those that are positioned for longer-term success and improved societal outcomes."
The Calvert Principles for Responsible Investment, which form the backbone of Calvert's investment approach, promote environmental sustainability and resource efficiency, advocate for equal societies and improved societal results, and demand accountable governance and transparent operations.
Calvert is a signatory to several global projects, including the UN Environment Programme Finance Initiative's Principles of Responsible Investing (PRI), the Women's Empowerment Principles, and the UN Global Compact, and has played a key role in their development. Calvert also works closely with top academic institutions and other ESG-focused groups to foster cutting-edge collaborative research.
Jacques Chappuis, Global Head of Distribution and Co-Head of the Solutions and Multi-Asset Group at Morgan Stanley Investment Management, said:
"We are delighted to be able to bring Calvert’s historic understanding of ESG analysis, knowledge of responsible investing and success in long-term value creation to our European clients. Investors are increasingly focused on sustainability, and the launch of these new funds demonstrates our focus on delivering our clients best-in-class and market-leading products and solutions that align investor values with financial outcomes. European investors have a sophisticated understanding of how sustainability factors can lead to business success and Calvert has been honing this process for 40 years."