eVestment typically sees about 500 strategies added in a quarter, and Q1 2023 was just above the average with 559 strategies added from 253 firms. Of the 559 strategies, 284 (50%) added were actively managed strategies and 101 strategies (18%) were characterized by the underlying manager(s) as being a dedicated ESG strategy.

While certain criteria have to be met before a strategy is assigned to a specific universe (minimum track record, critical product attributes, etc.), of the products added in the fourth quarter, a total of 92 different universes were represented. It is critical for managers to provide complete data on their respective strategies as it will improve consultant/investor screening pass rate and research activity (viewership on a strategy).

This expansion was global, with reporting firms domiciled in 24 different countries. Outside of US-based managers, UK, Canadian, Japanese and Swedish based managers added the most investment strategies in order to gain visibility with consultants and investors. The managers listed in the table below added the most strategy profiles in the fourth quarter across those countries which, in aggregate, added the most strategies during the quarter:

NOTE

eVestment Alliance, LLC and its affiliated entities (collectively, “eVestment”) collect information directly from investment management firms and other sources believed to be reliable, however, eVestment does not guarantee or warrant the accuracy, timeliness, or completeness of the information provided and is not responsible for any errors or omissions. Performance results may be provided with additional disclosures available on eVestment’s systems and other important considerations such as fees that may be applicable. Not for general distribution and limited distribution may only be made pursuant to client’s agreement terms. * All categories not necessarily included, Totals may not equal 100%. Copyright 2012-2023 eVestment Alliance, LLC. All Rights Reserved.