New York Citi creates Socially Responsible Investment options for Securities Lending

The banking Group City (NYSE: C) launched their new investment program to give securities lending clients the option to invest cash collateral under Socially Responsible Investment (SRI) principles.

The new program takes into consideration environment, social and governance (ESG) factors and will strengthen an already $11 trillion of assets managed globally in a strategy of SRI. Firms that manage SRI strategies have found it difficult to participate in securities lending programs, without an SRI capability for the investment of cash collateral.

The new programme aims to help clients meet their SRI goals and optimize portfolio performance. The programme was developed in partnership with ESG research firm; Sustainalytics. SRI clients will be able to apply customized multi-dimensional ESG screens to create a universe of eligible securities for investment by the collateral management team.

Citibank’s Tim Douglas said, “”money managers are increasingly incorporating ESG factors into their investment analysis, decision-making and portfolio construction process, creating new demands for investing products and services”. He said the banking group was responding to clients’ needs with a solution that supports SRI requirements and reinforces their commitment to run a business in a manner that benefits society and the environment.”

Citi’s new SRI offering is available to securities lenders through OpenLendSM, a boutique service to enhance portfolio performance by delivering an open architecture that provides access to Agency, Third-Party, Hybrid and Exclusives lending.


About Insight group PLC

About Us Insight Group PLC is a leading private investment company based in the thriving city of Cape Town, South Africa. With offices also located in Mozambique, Gambia and the financial hub of Hong Kong; Insight Group PLC is perfectly positioned to provide clients with investment opportunities and expertise unsurpassed in today's marketplace. We take great pride in our ability to provide our clients with quantifiable confidence in everything we do. Our ability to achieve this and meet the varying needs of all of our clients stems from the fifty years of experience in the financial, media, commodities and property sectors of those leading the organisation's success. Chairman of Insight Group PLC, Alfonso Rivera Revilla, is a respected Accountant and Lawyer in Europe with over 25 years of experience in working with high-end investors who want to get the most out of their personal finances and their businesses: "In these difficult economic times, it is critical to protect your wealth. Traditional strategies, such as high interest rate accounts, no longer give people a worthwhile return. At Insight Group PLC, we're excited about the fact we offer investment opportunities that other's can't - including the big banks and funds. We personally seek the most competitive investment options for our clients and put them in touch with our industry experienced and respected Wealth Management Specialists (click here if you'd like to work for us). "We are confident in everything we do, contact us to share in that confidence and to reap the rewards." View all posts by Insight group PLC

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