January 10, 2019 – Toronto – The Responsible Investment Association (RIA) is pleased to announce that GLC Asset Management Group Ltd (GLC) has joined the RIA as an Associate Member.
“We are delighted to welcome GLC as an Associate Member of the Responsible Investment Association,” said Dustyn Lanz, Chief Executive Officer of the RIA. “We applaud their strengthened commitment to responsible investing, and we look forward to working with GLC 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 responsibly in Canada, equal to more than 50% of the professionally managed AUM in Canada.
“What’s key to GLC’s ongoing commitment to responsible investing is the focus on promoting positive change surrounding the growing complexity and importance of ESG issues,” said Ron Hanson, President and Chief Investment Officer, GLC Asset Management Group Ltd. “GLC formalized the inclusion of ESG considerations in all our investment processes in 2016. We look forward to partnering with RIA and furthering our efforts to see that Canadian investors are given the choice to pursue responsible investing opportunities with GLC, while we maintain our fiduciary duty to focus on maximizing total return within the prescribed guidelines of their investment mandates.”
GLC is an investment management firm that manages more than $50 billion in assets. GLC has five investment management divisions: GWL Investment Management, London Capital Management, Laketon Investment Management, Portico Investment Management and Portfolio Solutions Group, each with a distinct investment approach that offers expertise within specialized areas of portfolio management, bringing unique perspectives to navigating capital markets through varying cycles.
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.
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Nick Buccheri, Manager, Communications and Digital Media, RIA, (416) 461-6042 x5
