The Luxembourg Finance Labelling Agency (LuxFLAG) has granted its ESG label to seven Tikehau Investment Management (TIM) funds.
This includes two balanced and equity funds - Tikehau Income Cross Assets and Tikehau Global Value - in addition to five fixed income funds - Tikehau Taux Variables, Tikehau SubFin Fund, Tikehau Court Terme, Tikehau 2022 and Tikehau Global Short Duration. The Tikehau Credit Plus fund received the label on 1 April 2019.
The LuxFLAG ESG label is awarded to investment funds that incorporate the analysis of environmental, social and corporate governance considerations throughout the entire investment process. To be eligible, applican funds must screen 100% of their invested portfolio in line with best industry standards. As at 20 June 2019, 136 financial products representing €53.4 bn AUM and domiciled in five countries have been granted the use of LuxFLAG labels. The newly labeled funds can use the label for a year starting 1 July 2019.
Thomas Friedberger, co-chief investment officer and chief executive officer of Tikehau Investment Management, commented: "The awarding of the LuxFLAG ESG label is consistent with the investment philosophy of our funds. It reflects our team's commitment to integrating ESG consideration throughout our investment processes. We are delighted to receive this recognition from an international agency".