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CSR Cooperations

 

WWF

In 2006, EAM and its subsidiary ERSTE-SPARINVEST (ESPA) sealed an internationally acclaimed partnership with the World Wide Fund For Nature (WWF), Austria.

Since then, the two equity funds ERSTE WWF STOCK ENVIRONMENT and ERSTE WWF STOCK CLIMATE CHANGE wear the WWF name. With its expertise as one of the world’s largest and most prominent environmental organizations and especially created for this purpose, the WWF environmental advisory board guarantees that strict environmental and social criteria in equity selection are observed in both funds.

ERSTE-SPARINVEST partially waives their fund management fees and with these means, supports the water protection and climate change program at WWF Austria. Since the start of the project, a million Euros has been applied to this collaboration for innovative projects in the field of water and climate. This partnership, which is at the interface between environment and economy, demonstrates that sustainability and the financial world are not contradictory elements.

 

PRI

The Principles for Responsible Investment (PRI = Principles of Responsible Investment) is a framework with the aim that social and environmental issues be considered in the investment process. This initiative was launched in 2006 by UN Secretary General Kofi Annan and is endowed with funds from the United Nations Environment Programme. So far the PRI has signed about 400 asset managers with an invested volume of 14 trillion U.S. dollars. In 2009 ERSTE-SPARINVEST became the first Austrian investment company to join the PRI initiative.

 

CRIC

Since 2011 the EAM subsidiary ERSTE-SPARINVEST has been a member of the Corporate Responsibility Interface Center (CRIC) e. V.
CRIC is the biggest investor association for the promotion of ethical investments in the German-speaking world. The association aims at creating a strong foundation for ecological and social-cultural aspects in business. This is accomplished by raising awareness for ethical investments in society and economy and the representation of interests of its members. CRIC sees itself both as information platform and competence centre, while focusing on scientific evaluation.


 

Management Cooperations

Erste Asset Management not only cooperates with specialized investment houses, but also with international or global investment banks. We have access to world-class researchers and may at any time directly access external industry and country specialists, whose services we use for special analyses (emerging markets, pharmaceuticals, etc.).

Also in portfolio management, we do not claim to build up expertise in each category solely in-house. Especially for niche or specialised strategies such as Japanese shares or special high-yield segments, we rely on the expertise of external asset managers and partners.

 

Currently, we are working very closely with the following institutions:

 

Daiwa Asset Management – the EAM partner for Japanese equities

Daiwa Asset Management Co. Ltd., is the asset management subsidiary of Daiwa Securities Group, one of Japan’s largest financial service companies. With 122 billion U.S. Dollars in assets under management, the 1959-founded company demonstrates its rank of second place in Assets-under-Management ranking.

Currently, there are more than 700 employees at Daiwa Asset Management. In addition to its own Tokyo Research Department, Daiwa also has a global research network. Daiwa Asset Management manages more than 300 funds of different asset classes and has had a remarkable success story, especially in managing Asian equity fund returns.

 

GaveKal – the EAM partner for research

Founded in 2001 by Charles Gave, Anatole Kaletsky and Louis-Vincent Gave, GaveKal is one of the world's leading independent providers of global investment research. It also advises several funds, with combined assets of more than US$1.2 bn. With eight partners and 45 employees, GaveKal has its headquarters in Hong Kong and offices in the US, Europe and China.

GaveKal generates ideas and concepts which are delivered to clients through research publications and seminars. Furthermore, the company offers data services and money management based on research insights.  

 

Invesco – the EAM partner for quantitative equity strategies

With over 672 billion U.S. Dollars of assets under management globally, more than 600 investment professionals and a comprehensive operational network of 20 countries, Invesco is one of the largest independent investment firms in the world. The company is based in Atlanta in the United States. Invesco is listed on the New York Stock Exchange and is a member of the S&P 500 Index.

The teams follow clearly defined investment philosophies and are subject to rigorous risk management and quality control. Invesco’s broad product range covers all major equity and bond markets and alternative asset classes at the regional and global levels.

 

Prudential – the EAM partner for U.S. high-yield bonds

With approximately 50,000 employees and over 900 billion U.S. Dollars assets under management, Prudential Financial, Inc. is one of the largest financial services institutions worldwide. The Newark, New Jersey (USA) headquartered company draws on more than 135 years’ of providing clients with asset management and insurance services in Europe, Asia, Latin America and the United States.

Asset Management Sparte Pramerica Investment Management, with assets of 637 billion U.S. Dollars, is the world’s eleventh largest asset manager and the tenth largest in the United States.