Man signs United Nations-backed Principles for Responsible Investment

30 Jan 2012

Man Group plc ("Man") is pleased to announce that it has become a signatory to the United Nations-backed Principles for Responsible Investment (PRI). The PRI is a framework designed to encourage sustainable investing by incorporating environmental, social and governance issues into investment decision-making and ownership practices. Globally, there are 988 signatories, with 126 of these in the UK. Man is the largest UK-based manager of alternative assets to become a signatory.

Peter Clarke, Chief Executive of Man, said:

"This step is a signal of Man's continued commitment to responsible investing. As a leading alternative asset manager, we hope that by signing up to the UN PRI we will encourage others in our industry to follow our lead."

Pierre Lagrange, Executive Committee member of Man and Senior Managing Director of GLG, said:

"Investing sustainably enhances long-term value and reduces risk which is clearly good for all concerned: investment managers, their clients, society and the environment. GLG's efforts predate today's formal partnership with UN PRI: addressing the UN General Assembly in 2008 on sustainable investing, implementing technology to enable portfolio managers to make more informed investment decisions using ESG and launching a specific Global Sustainability Fund, aimed at reconciling sustainability and economic returns. We are pleased to be able to commit to widening these efforts by signing up to the PRI."

Jason Mitchell, Portfolio Manager, GLG Global Sustainability Equity Fund said:

"Man's support recognises our commitment to help advance the UN PRI agenda, and attests to the positive effects that normative, international frameworks like the PRI bring to the investment community. It also marks the next step in a process that began with our legacy in environmental funds, expanded into broader global sustainability themes and is driving our current work developing the application of sustainability across alternative strategies."

How is Man already working in line with the PRI?

  • By investing in technology and training to enable investment managers to take ESG factors into account and encourage listed companies to improve on ESG criteria
  • By running the GLG Global Sustainability Equity Fund and managing a climate change strategy on behalf of Virgin Money Unit Trust Managers, both UCITS long-only strategies
  • By running an effective Corporate Responsibility programme, as judged by inclusion in the Dow Jones Sustainability Index
  • By being a signatory to the Carbon Disclosure Project and a member of the FTSE4Good
  • By support for independent academic teaching and research at the Oxford Man Institute
  • By supporting charities and local communities through the Man Charitable Trust, as well as sponsorship of the Man Booker literary prizes.

What are the Principles for Responsible Investment?

  1. We will incorporate ESG issues into investment analysis and decision-making processes.
  2. We will be active owners and incorporate ESG issues into our ownership policies and practices.
  3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.
  4. We will promote acceptance and implementation of the Principles within the investment industry.
  5. We will work together to enhance our effectiveness in implementing the Principles.
  6. We will each report on our activities and progress towards implementing the Principles.

For more information on UNPRI go to

Laura Humble
PR Manager
Man Group
+44 7825523150
+44 02 7144 3266

Andrea Coleman
Maitland (PR adviser to Man)
T: +44 20 7379 5151
F: +44 20 7379 6161

If you are having difficulty viewing these Terms and conditions of use, please click here.

Terms and conditions of use

Please read this page before proceeding. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

  1. Legal disclaimer

    The information on the Man Investments Australia Limited ("MIAL") website:

    • should not be distributed to any third party in whole or in part without the prior written consent of MIAL; and
    • has been obtained from sources believed to be accurate and MIAL does not give any representation or warranty as its reliability, accuracy or completeness.
  2. General advice

    The web site contains general information and does not purport to take into account any investor's particular financial circumstances. Man Investments Australia recommends that all potential investors seek independent financial, taxation and legal advice. To the maximum extent permitted by law, Man Investments Australia disclaims liability for any errors or omissions whether caused by the negligence of Man Investments Australia or otherwise. Man Investments Australia does not accept any legal responsibility for material published on third party linked sites. Past performance is not a reliable indicator of future performance.

  3. Description of website

    Access to and use of the website (the "Site") and the materials found on it (the "Content"), including the investment products referred to on it (the "Investment Products") are subject to the following terms and conditions (these "Terms"). By clicking the confirmation at the bottom of these Terms, you signify that you have read, understood and accepted these Terms. MIAL may update, revise, delete or modify information on this Site without notice. Information should only be considered current as of the time of initial publication on this Site or as otherwise stated on this Site without regard to the date on which you may access the information.

  4. Restricted access

    This Site, the Content and the Investment Products are not directed at or intended for distribution to any person (or entity) who is a citizen or resident of (or located or established in) any jurisdiction where the use of the Site (or the purchase or sale of the Investment Products) would be contrary to applicable law or regulation or would subject Man to any additional registration or licensing requirement in such jurisdiction.

  5. No offer

    The Content is provided for information purposes only and does not constitute a solicitation or offer, or advice or recommendation, to buy or sell interests in any Investment Products, to effect any transactions, or to conclude any transaction of any kind whatsoever. Potential investors should read the terms and conditions in the relevant offering materials carefully before any investment decision is made.

  6. Monitoring by MIAL

    Your use of the services on this Site may be monitored by MIAL, and the resultant information may be used by MIAL or its affiliates for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organisation.

  7. No warranties and exclusion of liability

    Whilst MIAL shall use reasonable efforts to obtain information from sources which we believe to be reliable, MIAL gives no warranty as to the accuracy, completeness or reliability of any information, opinions or forecasts contained on the Site, nor does it undertake to ensure that this Site will be available or accessible at all times. MIAL shall have no liability (whether in contract, tort or otherwise) for any direct, indirect, consequential or special losses or damages of any kind whatsoever arising from or in connection with the access to, use of or linking to other websites ("Linked Websites") from this Site or any reliance on any of the Content. MIAL is not responsible for the content of any Linked Websites and accordingly accepts no liability with respect thereto or for any reliance placed upon such Linked Websites. MIAL is not liable for persons or matters beyond its reasonable control (such as telephone and other communications networks, the internet or your internet service provider). These exclusions of liability do not apply to the extent that such exclusions are invalid or ineffective under any law or regulation applicable to MIAL.

  8. Investment Performance

    Potential investors should note that investments can involve significant risks and the value of an investment may go down as well as up. The Investment Products on this Site typically use alternative investment strategies and may invest in derivatives of any kind. The prices of futures, options and other instruments in which the products may invest may fall in value as rapidly as they may rise and it may not be possible to liquidate the positions in the relevant markets before a loss is sustained. Price fluctuations may be substantial because of leverage. No assurance can be given that the investment objective of any Investment Product will be achieved or that substantial losses will not be suffered. There is no guarantee of trading performance and past or projected performance is not necessarily a guide to future results. Movements in exchange rates between currencies may affect the value of an investment.

  9. No Reliance

    Nothing contained on this Site constitutes investment, legal, tax or other advice or a recommendation to purchase or sell any investment. You should not rely on any of the Content in making an investment or other decision but should obtain relevant and specific professional advice and read the terms and conditions contained in the relevant offering prospectus carefully before any investment decision is made.

  10. Material Interests

    Any one of MIAL or its affiliates or their directors, officers, employees, agents or representatives may have or have had an interest or holding, relationship or other arrangement with the Investment Products which may be material. Potential investors should refer to the applicable offering documents for any Investment Product and in particular, the potential conflicts of interest discussed therein.

  11. Financial Services Guide

    Click here to access a copy of MIAL's Financial Services Guide.

By clicking "I ACCEPT" below, you confirm that you have read and understood the Terms above and agree to be bound by them.

I AcceptI Do Not Accept