Triodos Investment Management
Investments take place through investment funds or investment institutions bearing the Triodos name and are managed by Triodos Investment Management, which consists of Triodos Investment Management BV and Triodos Investment & Advisory Services BV, both wholly owned subsidiaries of Triodos Bank NV. Triodos Investment & Advisory Services BV has been incorporated, in July 2014, resulting from the implementation of the Alternative Investment Fund Managers Directive (AIFMD).
Triodos Investment funds only invest in sustainable themes such as inclusive finance, sustainable trade, organic food and agriculture, energy and climate, sustainable real estate, arts and culture, or in listed companies with above average environmental, social and governance (ESG) performance.
EUR 3.1 billion
In 2015, the Triodos
total assets under
management increased to
EUR 3.1 billion, a 19% increase (2014: 6% increase).
The funds publish separate annual reports and most have their own Annual General Meeting of Shareholders.
Triodos Investment Management is responsible for 18 funds, for both individual and institutional investors, totalling EUR 3.1 billion assets under management. In 2015 Triodos Investment Management introduced a new investment fund: Triodos Multi Impact Fund. This ‘fund-of-funds’ meets a strong demand from Dutch retail investors to make their money work in multiple sectors that are all key in the transition to a fairer and more sustainable world. The total growth of the investment funds was EUR 500 million, up 19% (2014: 6%) reflecting a favourable investment climate.
The continuing increase in total funds entrusted to Triodos Investment Management also reflects investors’ appetite for sustainable and impact investments. Worldwide, investors are increasingly opting for meaningful and measurable impact in addition to financial results. This development is of great value in the transition to a more sustainable society. Triodos Sustainable Funds (SICAV I), Triodos Fair Share Fund and Triodos Microfinance Fund in particular have benefited from this emerging change and have experienced substantial growth, although at a more moderate level than in 2014, with an increase of 26%, 17% and 32% respectively (2014: 53%, 26% and 40%).
Triodos Investment Management is confident that its funds will continue to attract investors, building on over 20 years experience in bringing together values, vision, and financial returns on investment. With an increasing demand across Europe from investors in impact investment looking for an experienced, reliable and professional impact investment partner, it will broaden its international distribution strategy by adding new markets to its distribution network. To strengthen its reputation as an innovative investment manager Triodos Investment Management will continue to seek development and growth, both through expansion within existing funds and through the creation of new values-based investment solutions, including further exploring the development of its SRI Funds. Overall, Triodos Investment Management is well positioned for further growth.
Triodos Investment Management’s strategic focus will continue to be on third party distribution to retail investors (other banks and Triodos Bank) and professional investors that cater for impact investment solutions for individual investors, and will further develop its international distribution network and institutional investor base.
In the context of ambitions to further increase its impact and with challenging market circumstances and increasing regulations, Triodos Investment Management aims to grow its assets under management to approximately EUR 3.6 billion in 2016.