Cameron Hume Limited given highest possible rating by PRI
Edinburgh-based fixed income specialist Cameron Hume has been awarded A+ ratings across the board by the United Nations Principles for Responsible Investment (PRI) in its annual assessment for 2020.
In the 2020 report, Cameron Hume was assessed in the areas of Strategy & Governance and each fixed income asset class that the firm manages. In each case Cameron Hume outperformed its peer group average, receiving an A+ rating in every category. A+ is the highest possible rating, with E being the lowest.
The median score for Strategy & Governance is A and for all other relevant categories is B, making it clear that Cameron Hume has out-performed in all categories in terms of responsible investment policies and practice.
Christian Torkington, managing director of Cameron Hume, said: “I am thrilled that we have received the highest rating possible from the PRI this year. Cameron Hume has held a very strong commitment to the principles that the PRI stands for over a number of years and we are proud of our ESG-integrated investment process.”
Cameron Hume was formed in Edinburgh in 2011 by Torkington and chief investment officer Guy Cameron. The firm manages the Cameron Hume Global ESG Fund, which identifies fixed income issuers that manage their ESG risks better than their peers.
The PRI is the world’s leading proponent of responsible investment. It encourages investors to use responsible investment to enhance returns and better manage risks, it engages with global policy makers and is supported by the United Nations. The PRI is an independent, non-profit organisation and is not associated with any government.
The PRI outlines six Principles for Investment, which are a voluntary and aspirational set of investment principles that encourage the incorporation of ESG (Environment, Social and Governance) factors into investment practice.
Every year businesses that have signed up to the PRI are required to submit a report detailing their actions and commitment to these principles. The report is analysed by the PRI and ratings awarded.