Seven Swiss institutions join forces to found ESG association

first_imgSeven of the largest pension and insurance providers in Switzerland have joined forces to create an association for sustainable and responsible investment.The SVVK-ASIR was founded to help its members fulfil their “fiduciary duties” of including ESG criteria in their investments.The first part of the acronym stands for the German name Schweizer Verein für verantwortungsbewusste Kapitalanlagen, the second for the French Association Suisse pour des investissements responsables.The founding members include the first-pillar fund AHV, the public pension fund Publica, the pension fund for the canton of Zurich BVK, the pension plan of telecommunications company Swisscom (ComPlan), the pension fund of the postal service (PKPost), the pension fund of federal railways SBB (PKSBB) and the accident insurance fund Suva. Together, they manage more than CHF150bn (€122bn) in assets.Patrick Uelfeti, deputy CIO at Publica, was named president of the association, which is still looking for a managing director.Uelfeti said the SVVK-ASIR was founded as a service provider to suit the “individual needs” of its founding members.The new organisation will screen the portfolios of its members based on defined criteria, focusing on international companies rather than those based in Switzerland.The SVVK-ASIR said it would begin engaging with those companies it deemed “critical”.Uelfeti confirmed the organisation was looking for external specialists for screening and engagement activities.The SVVK-ASIR will also be open to larger institutional investors such as retirement providers, compensation funds or insurers.Swiss institutional investors have a tradition of engagement with respect to equity holdings.In 1997, two Pensionskassen founded the shareholder engagement group Ethos, which focuses on engagement with Swiss companies.Ethos has more than 100 members, most being from the private pension fund sector.last_img read more

BetBright ups personalisation & real-time capabilities with Qubit partnership

first_img The data crunch: Battle lines being drawn over live sports data September 3, 2019 Share Share Submit StumbleUpon 888 Holdings’ Guy Cohen on purchases, PASPA and poker August 20, 2019 UKGC reminds licensees of expectations when leaving the market October 4, 2019 Related Articles Seeking to boosts its personalisation capabilities, independent bookmaker BetBright has formed a partnership with leading data and customisation specialist Qubit.Confirming the partnership this week, BetBright development stated that Qubit tools and functions were needed in order for the operator to ‘understand and influence customers in one-platform’.“Controlling our own technology is fundamental to delivering our differentiated product. This means we are very selective with the 3rd parties we work with.” said Brian Mahon, Head of Product at BetBright.“With the Qubit platform and data infrastructure we’re further accelerating the development of our in-house Sportsbook and Casino products, as well as opening up some really exciting opportunities for our developers. It’s vital that BetBright retain control of our roadmap to ensure flexible and agile innovation and to move faster than our competition, Qubit provides this for us.”BetBright detailed that Qubit ‘real-time’ technology would be deployed throughout its verticals as the operator optimises a busy sporting schedule. Furthermore, Qubit processes will allow BetBright to ‘differentiate in a crowded marketplace’ as the young operator challenges legacy betting firms.As a technology platform Qubit has prior industry experience, having worked on customisation and data-led projects with Ladbrokes, BoyleSports, Lottloland and Betfair.Graham Cooke CEO & Co-Founder of Qubit backed BetBright as new partners stating; “When businesses like BetBright choose Qubit it demonstrates a shared mission to put an end to meaningless experiences.”“We’re now in a partnership to help BetBright continue to be customer-centric and be one of the most innovative players in the gaming market.”last_img read more