Responsible asset management at SGAM **

Highlights in 2008:
  • Appointment of a Head of SRI.
  • Enhancing of non-financial information sources in order to better harness issuer responsibility.
  • Development of the tools needed to ensure investment strategies comply with client codes of ethics.
Quality management and information that meets the highest market standards
SGAM is rated M2 by Fitch Ratings and, since 2000, has had the highest ranking awarded to a management company for its overall performance.
To ensure its investors have access to the highest quality of financial information available, all reporting conforms to AIMR/GIPS (Global Investment Performance Standards) standards and is certified by external auditors. In fact, SGAM was one of the first fund managers to adopt the latest Gold GIPS standards which entered into effect on January 1, 2006.
Responsible investment
A longstanding player in socially responsible investment, SGAM's ambition is to become a benchmark player, to use its skills, processes, products and services and promotional activities to forge its continued success.
SRI investment at SGAM
  • € 10.2 billion in assets under management at the end of December 20081 *
  • 50 management mandates
  • 5 funds open to retail and institutional investors2
  • 6 employee savings funds3
  • 14 specialised fund managers
  • 4 non-financial analysts
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* Verified by Ernst & Young (see Statutory Auditors' Report )
** As per our commitment under the Global Compact
NOTES
  1. including over € 1.7 billion in Best-In-Class assets *
  2. the largest SRI fund in Europe is a SGAM fund (Source: Vigeo - end June 2008)
  3. including three solidarity funds which paid out € 2.2 million to French associations ADIE, France Active, Habitat et Humanisme and La Pierre Angulaire