14/01/2011
Petercam "greens" fund management
At the beginning of 2011, the Belgian asset management firm Petercam Institutional Asset Management set up a sustainable development committee to adopt a sustainable development approach for European equities management.Previously, Petercam had relied on ratings from Ethibel, an affiliate of Vigeo. Now, the Belgian management firm will obtain its information directly from Vigeo, including studies which are the basis for ratings, with the objective of making these information resources internal, and to make us of them in a critical spirit.With this in mind, the sustainable development committee will be composed of four high-profile individuals. They are Axel Miller, CEO, Peter De Keyser, chief economist, Stijn Decock, a macro-analyst who has been focused on these issues for four years, and Michael Casselman, a private equity specialist. The mission of the committee is to set the strategic priorities of the firm in sustainable development.In a relatively short period of time, Ives Hup, sales director for France estimates, Petercam will be far enough along in its reflections to present its funds for a Novethic label.Recruitments and additionsIn late 2010, Petercam recruited two equities analysts, followed by another who joined the firm on 11 January 2011. The objective was to increase the number of analysts from 11 to 15. Two credit analysts will soon be recruited.At the end of January, the team will also gain a specialist in RFPs, who will also handle support functions, as will the database specialist, to be recruited at the same time. In addition, a specific support function role will be created.Petercam is planning to launch a Belgian-registered metals & mining equities fund at the end of February, which will be managed by Alexander Weinberg.
