Responsible Fixed Income Investing – Learning from the best

Sculpt Partners benchmarked ESG practices of a leading Indian alternative fixed-income manager and trained the investment team to enhance existing practices

Challenge

• Leading fixed-income manager. Parent company one of the most reputable family-owned financial institutions
• Implemented many progressive ESG policies and programs to integrate ESG lens into the investment life-cycle
• However, unable to make meaningful impetus in attracting ESG-aligned overseas institutional investors and family offices as Limited Partners (LPs) for its recently launched fixed income fund on affordable housing

Our approach

• Benchmarked asset manager’s current ESG policies and practices comprehensively based on four dimensions – Policy, Metrics & Targets, Engagement, Reporting & Accountability 
• Substantiated current gaps by drawing insights from global best-in-class fixed income managers
• Developed a six-pronged recommended action plan covering ESG policy, risk assessment, targets, investee engagement, reporting and advocacy

Impact

ESG benchmarking framework

Benchmarking gaps with peer fixed asset managers

Insights from best practices