January 17th, 2019 – Toronto – The Responsible Investment Association (RIA) is pleased to announce that Foresters Asset Management Inc. has joined the RIA as an Associate Member.
“We are pleased to welcome Foresters Asset Management as an Associate Member of the Responsible Investment Association,” said Dustyn Lanz, Chief Executive Officer of the RIA. “We applaud Foresters’ strengthened commitment to responsible investing, and we look forward to working with them to advance responsible investing 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 responsible in Canada, equal to more than 50% of professionally managed AUM in Canada.
“Responsible investing simply makes sense. It is aligned with the values of our investment team, the objectives of our stakeholders, and the more than 140 years of community-focus that is the heart of the ‘Foresters Financial Purpose,’” said Suzann Pennington, Chief Investment Officer, Foresters Asset Management Inc. “Not only is it the right thing to do, the evidence suggests that integrating responsible investment decisions can increase long-term risk-adjusted returns in properly diversified portfolios. We are excited to be associated with the RIA’s network of like-minded investors and look forward to working together to support sustainable investing for the future.”
Foresters Asset Management Inc. oversees $10 billion in retail, institutional, and third-party assets. FAM is backed by Foresters Financial™, an international financial services provider with total funds under management of $45.1 billion, overseen by more than 30 investment professionals.
About Responsible Investment Association
The Responsible Investment Association (RIA) is Canada’s membership association for Responsible Investment (RI). Members include mutual fund companies, financial institutions, asset management firms, advisors, consultants, investment research firms, asset owners, individual investors and others interested in RI. Our members believe that the integration of environmental, social and governance (ESG) factors into the selection and management of investments can provide superior risk adjusted returns and positive societal impact. To learn more about the RIA, please visit www.riacanada.ca.
Nick Buccheri, Manager, Communications and Digital Media, RIA, (416) 461-6042 x5