Stockholm (HedgeNordic) – Ann-Sofie Odenberg, Head of Sustainability at Brummer & Partners, has joined the PRI Hedge Fund Advisory Committee with the aim of contributing to the shaping and advancement of sustainable investment practices within the hedge fund industry. The committee, composed of members from signatories to the Principles for Responsible Investment, serves as a voluntary body that provides advice and input to the PRI Executive on sustainability-related matters pertaining to hedge funds.
“We were one of the first hedge fund firms to become signatories to the Principles for Responsible Investment on behalf of all of our investment strategies,” says Johanna Hoffstedt, Head of Group Communications at Brummer & Partners. “And we are now pleased to announce that our Head of Sustainability, Ann-Sofie Odenberg, is joining PRI’s Hedge Fund Advisory Committee to further contribute to shaping sustainable investment practices in the hedge fund space.”
“Our Head of Sustainability, Ann-Sofie Odenberg, is joining PRI’s Hedge Fund Advisory Committee to further contribute to shaping sustainable investment practices in the hedge fund space.”
Odenberg and her sustainability team offer guidance and expertise to all investment managers in the Brummer & Partners group on sustainability-related matters such as responsible investment policy development, ESG integration practices, sustainable finance regulation, active ownership activities, and reporting and communication. Additionally, Odenberg serves as a member of Brummer & Partners’ Responsible Investment Committee that sets the strategic direction and priorities for the group’s sustainability activities. Having joined Brummer & Partners in 2008 as an Executive Advisor, she has held various positions within the organization, including Head of Investor Communication and Sustainability, before dedicating herself full-time to sustainability and responsible investment in 2016.
“Since we launched our first hedge fund strategy in 1996, managing risk has been imprinted in our DNA along with the Nordic heritage of generating returns in a responsible way,” says Odenberg. “Simply put, in our world it’s a matter of common sense to consider sustainability-related factors when making well-informed investment decisions,” she emphasizes. “Over the years our approach to responsible investment has however evolved alongside our clients’ increased interest in sustainability and ESG.”
As a prominent player in the Nordic hedge fund industry since its early days in the 1990s, Brummer & Partners has played a significant role in driving sustainability within the industry. Through strategic relationships with portfolio managers from different corners of the world, Brummer & Partners has a unique ability to encourage its sub-investment managers to develop and embrace sustainability efforts. Odenberg previously explained that their partnership structure enables her and her team to both assist Brummer Multi-Strategy with manager evaluation, selection, and monitoring and to align sustainability ambitions and extend support to all investment managers within the group. This support encompasses areas such as sustainability policy development, ESG integration strategies, investment monitoring and screenings, measurements of sustainability indicators, and reporting and communication, fostering a culture of sustainability throughout the organization.