Jupiter Asset Management – ESG integration for macro investors

Some may suppose that Environmental, Social & Governance (ESG) investing is incompatible with a macro driven approach. However, as macro investors, we believe the integration of ESG has strengthened our process. Thanks to this integration, our strategy is less exposed to mispriced ESG risk and better placed to capture long-term ESG trends. Our philosophy has always favoured highly liquid, rated bonds, and this bias away from high ESG risk has now been formalised.