As part of its commitment to promote inclusion, Rothschild & Co Asset Management Europe announces that it is renaming the R-co 4Change Human Values fund R-co 4Change Inclusion & Handicap. The fund has long been centred on human values and is now turning its focus to the themes of inclusion and assistance to the disabled through an impact strategy allowing it to be classified SFDR1 9. The management team and style remain unchanged, thus allowing the team to capitalise on its experience developed over the past six years.
This new name comes with a strengthened stock-picking process based on specific social criteria, with inclusion objectives targeting assistance to disabled persons in particular. The new name also comes with a partnership with Café Joyeux, the first chain of cafés and restaurants to recognise the value of differences by employing and training persons, most of whom have Down’s syndrome or cognitive disorders such as autism.
This commitment is taking the form of a redistribution of a portion of the fund’s management fees to Café Joyeux. Meanwhile, employees of Rothschild & Co Asset Management Europe are encouraged to place their orders with this inclusive and solidarity-based company, which pours its profits into future cafés restaurants and into hiring disabled persons via permanent contracts.
“On top of the purely financial aspects, we want our responsible investor approach to have a concrete impact in making our society more inclusive and egalitarian”, said Pierre Baudard, Managing Partner & Chief Executive Officer of Rothschild & Co Asset Management Europe, adding “This partnership with Café Joyeux illustrates our commitment to actively support a company whose inclusive and solidarity-based approach with regard to disabled persons we value very highly.”
The fund’s regulatory documentation has been modified accordingly and is available on the management company’s website at https://am.eu.rothschildandco.com
1 Sustainable Finance Disclosure Regulation
