Saxo Bank, the Fintech specialist focused on multi-asset trading and investment, and Brown Advisory, a global investment manager with a long history in sustainable investing, announced a cooperation to launch a new digital investment portfolio, Ethical Selection in the SaxoSelect universe.
Saxo Bank’s clients will be the first retail clients outside of the U.S. to get access to invest in Brown Advisory’s Ethical Selection portfolio that offers an attractive and cost-effective way to invest in a sustainable, all-cap, 30-40 stock portfolio comprising of U.S. listed companies.
Brown Advisory’s applied research goes beyond negative screening and evaluates every company’s environmental, social, and governance (ESG) attributes at a level deeper than just simple negative screening. The selection process maintains a strong focus on companies that use sustainability drivers to add value to shareholders. The team combines this analysis with their proven active portfolio management capabilities to deliver a best-in-class, core, Ethical Selection strategy to clients.
Brown Advisory is an employee-owned independent global investment management firm serving private clients and institutions. Brown Advisory manages approximately $71 billion in client assets in 37 countries from eleven offices worldwide.
SaxoSelect is a fully digital and automated trading and investment service that enables clients of Saxo Bank to invest in pre-selected portfolios. Brown Advisory’s solution complements the existing BlackRock, Morningstar and Nasdaq portfolios.
In SaxoSelect, clients have full visibility over each of the stocks in their portfolio and crucially they will own the actual stocks selected by Brown Advisory. Positions are followed in real time in a fully transparent investment environment directly on Saxo Bank’s platforms. The portfolio will be automatically rebalanced in guidance with Brown Advisory’s research.
Kim Fournais, CEO and founder of Saxo Bank comments:
“We are delighted to partner with Brown Advisory and bring their expertise in ESG and impact investing in the hands of our clients.
More investors want their portfolios to better reflect their personal beliefs and realise that it is through their investments they can have the biggest impact on the world. Our investments give us a strong voice and unique opportunity to influence and deliver real impact in the world we live in, and Brown Advisory’s track-record demonstrates that ESG factors can also be a solid driver of positive financial returns.”