JANUARY 30, 2019
New York, NY (January 30, 2019) – QS Investors, LLC, a wholly owned subsidiary of Legg Mason, Inc. (NYSE: LM), announced today that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI), joining more than 2,000 organizations globally that have also publicly demonstrated their commitment to responsible investing.
“We’re delighted to become a PRI signatory as we continue to align investment decisions with investors’ environmental, social and corporate governance (ESG) goals and values,” says Adam Petryk, CFA, president of QS Investors in New York. “We’re honored to be part of a larger community dedicated to sharing information and furthering sustainable investment practices. As a firm, it’s central to our philosophy to form a deeper and more holistic understanding of financial markets and human behavior to better identify opportunities to create, sustain and protect value in delivering on our client objectives.”
The PRI is recognized as the leading global network for investors committed to incorporating ESG considerations into their investment philosophies. Its network of international investors work together to implement a set of voluntary principles that provide a framework for integrating ESG factors into investment analysis and ownership practices aligned with investors’ fiduciary duties.
“QS Investors has been involved in ESG investing for several years now,” says Petryk, “We believe that integrating ESG ratings and fundamental data may have a meaningful impact on risk-adjusted return over the long term.”
About QS Investors
QS Investors is a quantitative asset manager that provides multi-asset class and global equity solutions built on a deeper understanding of investment and human dynamics. It believes quantitative investing provides a better framework to be more creative when solving for client challenges. By taking a systematic approach, it can better test their insights, manage risk and target the investment outcomes a client wants. This quantitative approach unites the intellectual and academic precision of science, engineering, mathematics, finance and investment expertise with the power of data and technology in its quest to elevate the certainty of the outcomes delivered to clients. Please visit http://www.qsinvestors.com.
About Legg Mason
Guided by a mission of Investing to Improve Lives, Legg Mason helps investors globally achieve better financial outcomes by expanding choice across investment strategies, vehicles and investor access through independent investment managers with diverse expertise in equity, fixed income, alternative and liquidity investments. Legg Mason’s assets under management are $742 billion as of November 30, 2018. To learn more, visit our website, our newsroom, or follow us on LinkedIn, Twitter, or Facebook.
QSCR 18379 (January 2019)