NEW YORK--(BUSINESS WIRE)--MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, today announced the launch of its ESG Reporting solution, further underpinning MUFG’s commitment to providing ESG services to solve the complex challenges of both clients and investors. Today’s announcement marks the first in a series of upcoming ESG developments for the firm.
“As clients navigate new ESG opportunities and challenges, it’s increasingly important to have fundamental reporting and processes in place to encourage industry excellence,” said John Sergides, CEO at MUFG Investor Services. “We are delighted to launch this new service with market leading reporting, thus facilitating the indispensable dialogue between managers and their investors as they implement ESG transparency.”
Within the reporting suite, ESG data will be mapped to a client’s portfolio, providing a top-level portfolio rating, highlighting top and bottom performing positions. Additional analysis will also be provided based on sector, asset class as well as other metrics. The service will extensively analyse both private and public markets to ensure the most robust coverage of a client’s portfolio.
“The reporting will allow our clients to better understand the ESG quality within their portfolios as they seek to integrate ESG data into portfolio analysis and provide investors with much needed transparency on how their investments perform in line with ESG characteristics,” added Sergides.
The initial data source being used for the solution is ESG data science company RepRisk, selected for their use of AI and machine learning technologies combined with human intelligence to identify ESG risks – providing industry leading coverage of public and private companies and fast-moving risk signals to investors for actionable insights throughout their investment processes. MUFG Investor Services will continue to add data sources while expanding their capabilities in private markets as well as refining public market coverage.
Dan Page, Head of Asset Management Advisory at KPMG Ireland, added “We have been delighted to work alongside MUFG Investor Services to look for solutions to solve the challenges facing the industry around ESG; asset servicers play a key role to both managers and investors alike in navigating the ESG landscape. Today’s launch is another important step in the future of ESG reporting and KPMG joins them in supporting the importance of ESG in the financial services industry.”
About MUFG Investor Services:
MUFG Investor Services provides asset servicing solutions to clients globally. Leveraging the financial and intellectual capital of Mitsubishi UFJ Financial Group, Inc – one of the largest banks in the world with $3.2 trillion in assets – we provide clients access to a range of leading solutions across all investment strategies, asset types and fund structures. Services include fund administration, fund accounting, global custody, transfer agency, trustee, depositary, middle-office services, securities lending, FX, banking and fund finance.
MUFG Investor Services currently provides administration services for over 2,614 funds across all investment strategies, asset types and fund structures with over $705 billion in assets under administration.