The role of Lead Portfolio Manager is to construct a portfolio of some 80-110 companies which lead to a truly active risk level of 3-5 %. He interacts with the sector managers to pick the relevant stocks within each sector and also adds a dimension of intended sector betting in the global industry sectors.
DNB has adopted ethical guidelines for all investments: our SRI platform. The SRI platform means DNB Asset Management exercises special care with respect to transactions and acts which represent a risk of involvement in unethical conduct, infringement of human or labour rights, or corruption or harm to the environment.
DNB Global SRI has an even more extensive SRI approach, excluding only about 8% of the investment universe. Investment considerations are based on the following international principles and guidelines: UN Global Compact, OECD Guidelines for Multinational Enterprises and the Ottawa Convention. The SRI platform also states that DNB will not invest in companies that are involved in the production, storing or trading of cluster weapons or nuclear weapons, or in companies which produce tobacco or pornography.
The strategy has delivered consistent outperformance since its inception in 2003. The independent alpha sources have ensured a high degree of specialisation within each risk bucket, and a diversified performance structure. Portfolio and risk management are centralised for optimal risk control.
