Private Banking: Dexia takes an ethical lead
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Private Banking: Dexia takes an ethical lead

Search the results Dexia Asset Management has carved out a successful niche as a leader in socially responsible investment. It tops the poll for best provider of ethical investments globally and in western Europe, as well as in Belgium and Luxembourg.

Although interest in socially responsible investments has traditionally come mainly from retail investors, there is growing interest from private bank and institutional clients, as the market as a whole is growing strongly.

Figures from FERI Fund Market Information show that although the global fund management industry as a whole grew by 16% from the beginning of 2004 to the end of the first quarter of 2005, the socially responsible investments segment grew by 35%. Dexia has posted even stronger growth. Its socially responsible investments business grew 46% over the same period. It now manages more than A10 billion across a variety of socially responsible funds, including tailored mandates.

Dexia is having more success in winning mandates from private bank clients than most because it has a wider range of funds spanning regions and asset classes. Unlike most socially responsible investment managers, Dexia offers fixed-income investment, as well as equity funds and mixed funds.

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