Montréal, August 21, 2019 – On August 6, 2019, the Responsible Investment Association (RIA) announced that FÉRIQUE Fund Management joined the RIA as an Associate Member. The full Press Release of the RIA is available on the RIA web site.
In its Presse Release, the RIA declared:
“We are delighted to welcome FÉRIQUE Fund Management as an Associate Member of the Responsible Investment Association,” said Dustyn Lanz, Chief Executive Officer of the RIA. “FÉRIQUE Fund Management is a longtime supporter of responsible investment and shareholder engagement, and we look forward to working with them to grow responsible investment in Canada.”
The RIA is Canada’s industry association dedicated to advancing responsible investment, which refers to the incorporation of ESG factors into the selection and management of investments. RIA membership has grown rapidly in recent years as investors increasingly seek investments that align with their values and manage exposure to ESG risks and opportunities. According to research published by the RIA, $2.1 trillion are invested responsibly in Canada, equal to more than 50% of professionally managed AUM in Canada.
“In 2006, FÉRIQUE Fund Management developed its Responsible Investment Policy on exercising FÉRIQUE Funds’ proxy voting rights, making it one of Quebec’s first mutual fund companies to address the issue of responsible investment,” said Louis Lizotte, Vice President, Investments at FÉRIQUE Fund Management. “This first initiative led FÉRIQUE Fund Management to several others over the years. Joining the Responsible Investment Association was a natural progression, as it falls in line with FÉRIQUE Fund Management’s investment approach and its unitholders’ concerns with issues related to ESG factors. It is, therefore, with great enthusiasm that we are entering this affiliation.”
About Responsible Investment Association
The Responsible Investment Association (RIA) is a nonprofit, membership-based organization dedicated to the advancement of responsible investment in Canada. The RIA’s membership is composed of over 300 institutional investors and investment professionals who practice and support responsible investing. To learn more about the RIA, please visit www.riacanada.ca.