This ESG rating will provide investors with a robust, transparent and independent measure of a fund’s ESG credentials to better inform investment decision making.
As part of the deal, a consolidated ESG report will be made available to investors, alongside other fund due diligence materials to provide investors with assurances that selected funds meet the highest sustainability standards.
Apex’s ESG rating solution manages the independent collection and analysis of over 300 individual data points across over 70 sub-categories to create a consolidated view of relevant ESG information.
By highlighting key gaps, Apex Group claims its reports help initiate greater dialogue between fund managers and investors. It also enables them to track and improve ESG performance over time.
Banks and wealth management firms that partner with Titanbay to provide access to private market funds for their clients will have access to the ESG ratings. This will offer an additional layer of advice to clients on the funds best suited to their aims and philosophy.
Titanbay head of investments Alex Bozoglou said, “We’re delighted to join forces with Apex Group to offer our investors a greater understanding of how their funds stack up from an ESG perspective. This collaboration should not only add an extra layer of comfort for our investors but also start an important conversation with our funds in order to address any gaps identified by the analysis.
“We know that ESG factors can be an important indicator of the financial success of a fund, and that this information is routinely requested by large institutional investors. We therefore see it as a critical piece of the jigsaw in providing our investors with everything they need to invest with the same level of sophistication as the largest institutions.”
Earlier in the year, Apex Group extended its Global Compliance Solutions services to the Singapore market. It will now supply clients with tech-enabled compliance and AML solutions to meet their operational and regulatory obligations across international financial hubs.
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