Breckinridge Surpasses $1 Billion in Sustainable Assets

Breckinridge is witnessing firsthand the transition from curiosity to conviction in ESG's investment case

Dec 11, 2015, 12:27 ET from Breckinridge Capital Advisors

BOSTON, Dec. 11, 2015 /PRNewswire/ -- Breckinridge Capital Advisors has exceeded $1 billion in sustainable strategy assets, strongly signaling that a wider swath of investors is shifting from "talk" to "action" in environmental, social and governance (ESG) investing. Sustainable strategies are designed for investors who are interested in emphasizing ESG criteria. Breckinridge serves a wide range of clients under its sustainable strategies, including dozens of consultants and advisors working on behalf of endowments, foundations and pension funds who form the largest share of investors in sustainable strategies in today's landscape.

Breckinridge is excited to have integral opportunities to partner with investors taking a longer-term view and help them analyze risks beyond traditional financial statements, according to Rob Fernandez, director of ESG Research at Breckinridge. However, the firm is even more excited about what this asset growth portends for the future of sustainable investing. Just four to five years ago, actionable client interest was still in its incipience. Now, Breckinridge is witnessing firsthand the transition from a lukewarm response to sustainability to conviction in ESG's investment case from many types of market participants.

"Although sustainable assets have seen a rapid upward trajectory in recent years, the market has room for a much larger upsurge," Fernandez said. "Broader interest can emerge with a more far-reaching understanding that ESG is a worthwhile and thoughtful way to mitigate risks and consider future costs that may have an important impact on business margins and cash flows."

"Breckinridge fixed-income analysts use ESG criteria to be more discerning in their credit decisions. The rise in sustainable assets reinforces Breckinridge's decision to fully integrate ESG analysis in its credit research process," said Fernandez. "This, along with the growing academic and market evidence that ESG can be a prudent investment strategy rather than solely a values decision, has stirred a higher level of investor interest."

About Breckinridge Capital Advisors:

Breckinridge Capital Advisors is a Boston-based investment advisor specializing in the management of high-grade fixed-income portfolios for institutions and private clients. Working through a network of investment consultants and advisors, Breckinridge offers municipal, corporate, government and sustainable bond strategies in customized separate accounts.

SOURCE Breckinridge Capital Advisors