GLG Partners hired Mercer to study whether there’s a broad market for investment strategies that incorporate climate change and other environmental issues, according to a GLG news release.
Emma Hunt, principal and the London-based business leader for Mercer’s responsible investing unit, will lead the project.
“We believe that environmental liabilities are already changing the economics of some industries and will affect most industries’ returns over the next 10 years,” Pierre Lagrange, GLG Partners’ co-founder and senior managing director, said in the release.
Mercer’s study will look at “how best to focus beyond the early (venture capital), clean tech and other typical (socially responsible) investments, to integrate environmental factors into profitable mainstream investing,” Mr. Lagrange said.
Mercer’s research will focus on investment strategies using public equity markets that may appeal to institutional investors in Western Europe and North America. The report is expected to be completed in September, according to the release.
GLG manages $19 billion in alternatives and long-only investments.