A new ESG manager backed by HSBC Asset Management, RadiantESG, recently launched its first strategy, which will be available through separately managed accounts and commingled funds.
That firm added its Positive Change Smaller Companies investment strategy on January 25, focusing on small- and mid-cap U.S. companies. The firm is currently completing its SEC registration and recently finished building out its infrastructure, according to the announcement.
RadiantESG has two other strategies planned: one called Positive Change Quality, “which will incorporate its proprietary ESG methodology within an adaptive multi-factor process,” and another named Planet Positive Leaders, which will invest in accordance with United Nations Sustainable Development Group goals, according to the firm.
The company was founded last July by Heidi Ridley (pictured) and Kathryn McDonald, with the backing from HSBC.
“We’re committed to setting the standard for what we expect from portfolio companies, while executing on our ambition to pave the way toward a better future – embracing ESG considerations as a necessity in building sustainable investment portfolios and carving a positive future path for women and minorities,” Ridley stated in the recent announcement.
