Aperio Group LLC Announces Quantum Leap in Socially Responsible Investing

Share Article

Aperio Group, LLC (http://www.aperiogroup.com), a leading provider of customized asset management services for taxable investors, announced today a breakthrough in the SRI marketplace with the introduction of a new suite of customized socially responsible index portfolios.

Aperio Group, LLC (http://www.aperiogroup.com), a leading provider of customized asset management services for taxable investors, announced today a breakthrough in the SRI marketplace with the introduction of a new suite of customized socially responsible index portfolios.

The new portfolios give socially responsible investors the opportunity to reflect environmental, social and governance (ESG) concerns without sacrificing returns or paying excessive fees. Because each portfolio is separately managed, investors will get the advantages of customized social screening and flow-through benefits of tax-loss harvesting with the added advantage of being able to track standard index benchmarks like the S&P 500, Russell 3000, or MSCI EAFE.

Many investors view products in the SRI marketplace as flawed because they are either overpriced actively managed products with weak performance or index products with limited flexibility and no SRI proxy voting. They also often fail to fully reflect an investor's core values.

"We believe that indexing offers superior returns and the lowest fees, making it far and away the best approach for the vast majority of investors," said Patrick Geddes, Co-Founder of Aperio. "As awareness of environmental, social, and governance factors increases, family offices, wealth managers and foundations will be under increasing pressure to incorporate their clients' specific values."

Current solutions in the market have three flaws: they offer limited index product offerings with no SRI proxy voting; they provide the perception that SRI investors must settle for sub-par returns for being socially responsible; and they reflect the vendor's belief system rather than the investor's belief system. "We believe our socially responsive index-tracking portfolios address these problems with the added benefit of tax-efficiency," said Geddes.

"SRI investors want to invest in good companies without sacrificing market returns," said Geddes. "And 'good' depends on an investor's value system."

About Aperio Group, LLC
Based in Sausalito, California, Aperio works primarily with independent wealth managers and family offices to manage portfolios for high net worth investors, providing access to customized tax-managed portfolios that track a broad range of U.S. and international indexes. The firm uses cutting edge multi-factor risk models and sophisticated tax harvesting programs to maximize after-tax returns. Aperio, which means "to make clear, to reveal the truth," in Latin, was co-founded by Patrick Geddes, formerly Chief Financial Officer and director of quantitative research at Chicago-based Morningstar. Assets under management at the firm are $1.4 billion, with almost $300 million currently invested using socially responsible screens. For more information on Aperio Group please call Guy Lampard at (415) 339-4303 or go to http://www.aperiogroup.com.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Dan Mahoney
Aperio
970-405-8060
Email >

Mo Shafroth
CSG-PR
303-440-6944
Email >
Visit website