Triodos Bank’s Executive Board provides a perspective on the wider world it operates in, its impact and activity in 2016 and its prospects for the future.
Triodos Investment Management
Investments take place through investment funds or investment institutions bearing the Triodos name and are managed by Triodos Investment Management. Triodos Investment Management consists of Triodos Investment Management BV and Triodos Investment Advisory Services BV, both 100% subsidiaries of Triodos Bank.
Triodos Investment funds only invest in sustainable themes such as inclusive finance, sustainable trade, organic food and agriculture, energy and climate, sustainable real estate, arts and culture, or in listed companies with above average environmental, social and governance (ESG) performance.
EUR 3.3 billion
In 2016, the Triodos
total assets under
management increased to
EUR 3.3 billion, a 5%
increase (2015: 17% increase).
The funds publish separate annual reports and most have their own Annual General Meeting.
Triodos Investment Management is responsible for 17 funds, for both individual and institutional investors, totalling EUR 3.3 billion assets under management. The total growth of the investment funds was EUR 157 million, up 5% (2015: 17%). The relatively modest growth of the assets under management is in part due to Triodos Renewables plc (EUR 138 million) becoming an independent company from Triodos Bank. The company was not managed by Triodos Investment Management from March 2016 and now operates under the name Thrive Renewables.
Worldwide, more and more investors realise that how they invest their money now determines what the world will look like in the future. They are increasingly opting for meaningful and measurable impact investing solutions. Triodos Investment Management sees this as a promising development in light of the many challenges the world faces today, such as climate change and increasing inequality. Many of these challenges are addressed by the UN Sustainable Development Goals (SDGs). As part of a new, global sustainable development agenda, the SDGs present a joined up framework and a clear momentum for investors to contribute to addressing these global challenges together.
Triodos Organic Growth Fund, Triodos Microfinance Fund, Triodos Groenfonds and Triodos Renewables Europe Fund in particular have benefited from an increasing appetite for sustainable investments, with an increase of 25%, 17%, 14% and 14% respectively in 2016 (2015: 11%, 32%, 9% and 3%).
Building on over 25 years’ experience in bringing together values, vision, and financial returns on investment and with increasing demand for impact investing solutions across Europe, Triodos Investment Management is confident that its funds will continue to attract investors.
To provide more and more investors with the opportunity to invest in values-based investment solutions that are key in the transition to a more sustainable society, it will broaden its international distribution strategy by adding new European markets to its distribution network. Triodos Investment Management will continue to pursue development and growth, both through expansion and further development of existing funds and through the creation of new impact investment products. Overall, Triodos Investment Management is well positioned for further growth.
Triodos Investment Management’s strategic focus will continue to be on individual investors, High Net Worth Individuals, family offices and (semi-)institutionals.
In the context of the ambition to further increase its impact and with challenging market circumstances and increasing regulations, Triodos Investment Management aims to grow its assets under management to EUR 4.0 billion in 2017.