TORONTO, July 30, 2014 /CNW/ - Mackenzie Investments announced today that it has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI) Initiative.
The PRI Initiative is a global network of investors working together to put into practice six Principles for Responsible Investing. Its goal is to contribute to the development of a stronger global financial system by understanding the implications of sustainability for investors and support signatories to incorporate environmental, social and governance (ESG) factors into their investment decision-making processes.
In becoming a signatory, Mackenzie Investments joins some of the world's largest investment managers, representing more than US$45 trillion in assets under administration by the end of April 2014.
"We are very pleased to participate in this initiative," said Tony Elavia, Chief Investment Officer at Mackenzie Investments. "The analysis of ESG factors plays a part in assessing whether the companies we invest in on behalf of our clients foster good governance, integrity and accountability - values we have always believed in and encouraged."
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $71.1 billion in assets under management as at June 30, 2014, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $141 billion in total assets under management as at June 30, 2014. For more information, visit mackenzieinvestments.com.
SOURCE: Mackenzie Investments
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Vice President, Corporate Communications