Zurich-headqueartered responsible investment firm RobecoSAM has been appointed as a sub-advisor to Japanese asset manager Daiwa SBI for the Daiwa SBI Global Electric Vehicle Revolution strategy.
The strategy, launched on 24 January 2018 and tallying around JPY143bn (€1.09bn) in assets under management as of 27 March 2018, invests globally in companies that benefit from the emerging electric vehicles (EV) revolution. It is currently available to Japanese investors only.
Four areas are being considered for the fund’s investments including electric vehicle component suppliers, electric vehicle car manufacturers & subsystem suppliers, electrical grid & charging infrastructure, and connectivity & autonomous driving. ESG criteria are taken into account on a company level.
Aris Prepoudis, CEO of RobecoSAM, said: “We are extremely honored that Daiwa SBI has entrusted us to be the sub-advisor for their newly launched Daiwa SBI Global Electric Vehicle Revolution strategy. Daiwa SBI’s clients will benefit from RobecoSAM’s collective thematic investing expertise, gained over more than 22 years, to identify and invest in companies that provide solutions to some of the worlds’ greatest challenges.
“E-mobility has become an irreversible long-term trend and growth driver. Thanks to our thematic investment track record and expertise in sustainability investing, we look forward to capturing these opportunities for the benefit of Daiwa SBI and its clients.”
Kazuhiro Horie, general manager, product planning & strategy, investment management division at Daiwa SBI: “We have identified an extremely attractive investment theme and have selected RobecoSAM as the sub-advisor best positioned to manage the strategy. We have entrusted RobecoSAM with this mandate because of its credibility, focus, and successful track record in Sustainability Investing and in managing resource efficiency-themed strategies.”
As of 31 December 2017, RobecoSAM had assets under management, advice and/or license of approximately $20bn.