Le Lézard
Classified in: Business
Subjects: BOND/STOCK RATINGS, MISCELLANEOUS, INVESTMENT OPINION, Environmental, Social, and Governance Criteria

Abel Noser Solutions Launches an ESG-Agnostic Consensus Ratings Product that Provides Portfolio-Level Analysis


New York, NY, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Abel Noser Solutions, a leading provider of multi-asset trade analytics, compliance, and consulting services to the institutional investment community, has launched a unique ESG oversight and measurement tool called ESG Portfolio Monitor. The driving feature of the quantitative-based offering is that it allows asset owners to easily, yet comprehensively, review their investment holdings in relation to ESG goals or mandates. The announcement comes on the heels of Abel Noser's recent partnership with data-provider OWL ESG to provide the consensus scores that are utilized by the new analytics product.

"We recognize that ESG is a topic where many industry participants passionately disagree," said Steve Glass, Co-CEO of Abel Noser and the head of Zeno AN Solutions, the company's division that focuses on the needs of asset owner clients. "Each asset owner must make their own policy decisions regarding ESG based on their own fiduciary judgement. However, regardless of a fund's view about ESG, it's increasingly important to have an informed position on this topic and the oversight tools necessary to ensure adherence with a chosen investment policy."

"Historically, the wide disparities observed between the ESG scores of different rating agencies complicated the use of ESG ratings in oversight and compliance programs," said Nupen Shah, head of the Abel Noser's EMEA office in London. "Our ESG Portfolio Monitor, however, leverages enhancements in machine-learning and artificial intelligence to alleviate those discrepancies and minimize the subjectivity associated with any single rating agency."

"Regardless of whether a fund supports or prohibits ESG-ideals," added Brian Greene, SVP at Zeno AN Solutions, "asset owners, or by extension, investment consultants, need the ability to ensure that manager ESG practices are consistent with their representations, or simply flag outliers for further review. We think this offering provides a straightforward ?ESG best practice' that would benefit any healthy partnership between asset owners and their managers, as well as assist in board oversight discussions."

 

READ a detailed whitepaper outlining the principles behind quantitative ESG consensus score oversight and its potential value for global asset owners.    

LEARN more about Abel Noser's ESG Portfolio Monitor analytics.

 

About Abel Noser

Abel Noser has long been respected as a leader in the campaign to lower the costs associated with trading. Abel Noser Solutions, the company's analytics subsidiary, along with Zeno AN Solutions, is the industry-leading provider of transaction cost analysis with over 500 global clients subscribing to its multi-asset TCA and compliance products and also through a network of resellers, distribution partners and strategic alliances. Abel Noser was recently named the Top "Best-in-Class" Vendor in the Global Multi-Asset Class TCA Aite Matrix Report. Learn more at www.abelnoser.com.



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