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Elena Tedesco to lead new impact product
Jenny Turton
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Elena Tedesco was previously co-portfolio manager for the global emerging markets ESG strategies at Federated Hermes
Vontobel has hired an ex-Federated Hermes manager to front its recently launched global impact equity fund.
Elena Tedesco has joined the firm as a portfolio manager to head up the Vontobel Fund II-Global Impact Equities, which invests in companies that contribute to the advancement of the UN Sustainable Development Goals.
Prior to joining Vontobel, Tedesco was the co-portfolio manager for the global emerging markets ESG strategies at Federated Hermes, as well as its director of sustainability for the global emerging markets team.
Vontobel launches impact fund for Federated Hermes hire citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
I recently had the opportunity to chair a discussion on Zoom about the evolving way asset managers in Europe are communicating around their plans and ambitions in sustainability. Several dozen people gathered to hear from leading asset management communicators and an editor on an area that has seldom been off the front page of the financial and business press this year.
We convened the discussion on the back of a piece of Cognito-derived research that found overall coverage on topics relating to sustainability doubling year-on-year, and with a gap between the stories pushed by individual firms and what’s reported on the industry. But neither the data nor the discussion showed irrevocable differences between the press and asset managers, rather it highlighted the need for continuous conversation around the evolving investment landscape.