Strategy & Practice Management

NN IP and ChinaAMC tie up for ESG push

NN Investment Partners will help China Asset Management develop its environmental, social and governance offerings.

NN Investment Partners (NN IP) will help China Asset Management  (ChinaAMC) develop its environmental, social and governance (ESG) offerings, a statement from the Dutch asset manager said.

Under a memorandum of understanding (MoU), the two parties will leverage each other’s capabilities in the European and Chinese capital markets going forward.

NN IP introduced its first sustainable equity fund in 1999 and was one of the earliest signatories to the United Nations-supported Principles for Responsible Investment (PRI). 
 
ChinaAMC provides investment management and advisory services to overseas institutional clients globally. It is also the first full-service asset manager in China to have joined the PRI. 

NN IP will be an advisor to China AMC and help it develop and international best practices in integrating ESG factors into its investment processes.

The MoU will also lay the foundation for both parties to collaborate on One Belt and One Road (“OBOR”) opportunities, the statement said.