AEGON Asset Management signs up to Principles for Resposible Investment

AEGON Asset Management (AAM) today announced that it has become a global signatory to the United Nations-backed Principles for Responsible Investment (PRI).

The move is in line with the company's commitment to responsible investment, in particular the practice of incorporating environmental, social, and corporate governance (ESG) considerations in investment management decisions.

Sarah Russell, CEO of AEGON Asset Management, stated: “We are committed to acting in the best interests of clients, and the inclusion of these principles in our investment processes meets the increasing expectations of our customers, as well as those of our employees, business partners and other stakeholders.”

AAM recognizes that ESG factors can play a role in assessing value and risks associated with the companies in which it invests, particularly over longer time horizons. The inclusion of these non-financial factors in investment research has been seen to reduce risk and may enhance investment performance.

PRI Signatories commit to considering the six Principles of Responsible Investment in the course of doing business. Although the Principles are voluntary and aspirational, there is a requirement to report progress on an annual basis.