August 6, 2019 – Toronto – The Responsible Investment Association (RIA) is pleased to announce that FÉRIQUE Fund Management has joined the RIA as an Associate Member.
“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.”
Founded on October 12th, 1999, FÉRIQUE Fund Management is the manager of the FÉRIQUE Funds, launched in 1974 by the Ordre des ingénieurs du Québec. It is the only non-profit mutual fund company in Canada whose sole purpose is to serve the interests of engineers, engineering graduates and their families. FÉRIQUE Funds have more than $2.8 billion in assets under management and over 22,000 unitholders as of June 30th, 2019.
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.
Nick Buccheri, Manager, Communications and Digital Media, RIA, (416) 461-6042 x5