Carmignac Appoints Lloyd McAllister as New Sustainable Investments Lead
Carmignac, a Paris-based asset management firm, has named Lloyd McAllister as its head of sustainable investment, a move that coincides with Sandra Crowl, the firm's head of stewardship, retiring at the end of January.
McAllister comes from Newton Investment Management, where he worked for four years, most recently as head of ESG research and a member of the firm's senior leadership team. Based in London, he reports to Maxime Carmignac, the managing director of Carmignac UK and the executive sponsor of ESG for the company.
The sustainable investment team helps the fund management team with non-financial analysis, thematic research, company engagement, and advice on sustainable investing trends and ESG regulations.
McAllister will also help Carmignac carry out its "strategic sustainable investment strategy," which involves increasing the company's activities in its chosen ESG focus areas. These are “climate, empowerment, and leadership”.
Maxime Carmignac, on the other hand, said that Crowl was "invaluable" in helping the company adapt to the ESG landscape.
Source: Funds Europe