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Two Kaleido portfolio managers win Great Canadian ESG Championship

November 17, 2022

Kaleido is very proud to announce that two of its portfolio managers have won the Great Canadian ESG Championship. The initial pool included 60 candidates. Of these, AlphaFixe Capital and Jarislowsky Fraser were among the seven winning firms recognized for their financial performance and ESG compliance of their funds and investments.

At Kaleido, our commitment to sustainable investing is a priority: 100% of our RESP assets are entrusted to managers, such as AlphaFixe Capital and Jarislowsky Fraser, who are subscribers to the UN Principles for Responsible Investment.

What is the Canadian ESG Championship?

The responsible investment market is growing with a variety of responsible investment options, and it is becoming difficult to discern quality offerings versus greenwashing. The Great ESG Championship aims to showcase the responsible investment choices available to Canadians. It also promotes investments that are having a real impact on society and helps asset owners make investment decisions that are consistent with their values.

There are three key criteria when it comes to sustainable investing, namely Environmental, Social and Governance, or ESG. These criteria make it possible to assess the social responsibility of a company by establishing an ESG score.

Two Montréal firms are leading the way

At the end of the championship, AlphaFixe Capital won in the “fixed income” category. The Montréal-based investment management firm secured the largest investment mandate, representing $38 million of the $104.5 million total. 

Second place went to Jarislowsky Fraser, a subsidiary of Scotiabank, which won in the “multi-asset” category and obtained the second largest investment mandate, totalling $25 million. 

Notwithstanding their victory, these two winning firms have no intention of resting on their laurels. According to the firms’ management, the key to their success is looking to the future, and they will continue to work hard to provide sustainable solutions to their growing client base.

Kaleido is proud to have AlphaFixe Capital and Jarislowsky Fraser as part of its team of portfolio managers. Sustainable investing is an integral part of the company’s values, mission and long-term vision. Kaleido’s expertise in education savings and its desire to support families are reflected in its commitments, and these go far beyond the Registered Education Savings Plan (RESP).

 

To learn more about responsible investing, check out our free e-book.