Honoring: Provider of the Year at the Benchmark Fund of the Year Awards 2021, Singapore


SINGAPORE –
Media OutReach – 8 March 2022 – Benchmark is proud to announce the Grand Winners of its 2021 Provider of the Year for Singapore!

The Awards represented a meticulous, methodical process and characterized the diligence of more than 60 jurors coming from Private Banks, Family Offices, Consultants, and EAMs. The 51 judges and gatekeepers occupying 235 seats over three days were involved in 47 sessions delivered by 57 senior fund house representatives and supported by a thorough due diligence questionnaire focused on the five key pillars, 48 KPIs, and 438 attributes, with independent sustainability data supported by BlueOnion. 51 jurors have attended the annual Gatekeepers Forum, where 5 to 6 jurors will meet the CIO or Portfolio Manager face to face to drill down into their investment process and ESG performance.

Provider of the Year – companies are assessed by the breadth of winnings across different investment and operational capabilities rather than simply hindsight returns. Weights are allocated to four award categories: House 40%, Sustainability 30%, Manager of the Year 20%, and Quantitative winnings 10%.

FSSA Investment Managers (“FSSA”) has, once again, been crowned
Provider of the Year (Offshore) 2021 for Singapore. The two runners-up for this grand award were
BNP Paribas Asset Management (“BNP Paribas”) and
Fullerton Fund Management (“Fullerton”).

FSSA has received an overwhelming applaud from the jurors for its style consistency and how they achieve returns with humility and care. The company earned the highest scoring for its stewardship and corporate quality, ESG integration, and an excellent process for responsible investing.

A special commendation to BNP Paribas for their above-average and superior ESG integration and stewardship quality with extraordinary impact thematic strategies. The other runner-up, Fullerton, has a robust stewardship framework considered it is relatively more difficult for fixed-income houses.

“I am excited to see more asset managers, especially the boutique and second-tier managers (by AUM), adopting a more responsible investing approach, despite business disruptions under an ongoing pandemic. While some managers are still studying whether ESG is financially material, our platform, BlueOnion, tells us that higher returns and higher ESG are getting more correlated and convincing by the day,” says investor activist organizer Elsa Pau.

 

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