Asset Management

€112bn investment firm pledges management fees for social causes

Candriam to donate 10% of fees to back scholarships into research around sustainable and impact investing

€112bn investment firm pledges management fees for social causes

Candriam Investors Group plans to devote 10% of the management fees generated by its ethical funds to back social projects and university research into sustainable investment.

The Franco-Belgian fund house, which is owned by New York Life and manages €112bn, is in talks with universities in the UK, France and Belgium to provide scholarships into research around sustainable and impact investing.

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