Corporate Social Responsibility
Corporate Social Responsibilty to us implies the taking of responsibilty in our activities as an asset management company towards our clients, partners and colleagues.
Thanks to this, Absolute Portfolio Management GmbH (APM), a member of the C-QUADRAT Group, is included in the leading top 50 impact investment fund managers by the American nonprofit financial services company ImpactAssets ( www.impactassets.org ) in 2011. ImpactAssets 50 is a global database which only selects the leading top 50 impact fund managers. The selection criteria were based not only on the financial return of the investment products but also on their social and environmental return. APM convinced at portfolio level due to its social impact and at company level due to its Corporate Social Responsibility.
APM is amongst the first signatories of the UN PRI in Austria. In 2006, the UN introduced six "Principles for Responsible Investment" (UN PRI). By signing these, investors and asset managers agree to commit themselves to environmental, social and governance issues in their investment activities.
To APM it is of utmost concern to not only provide specialised absolute return products but also to develop financial products which offer selfsupporting economic solutions, particularly to the underpriviliged. Hence, in 2006, the year APM was founded, the first microfinance fund, Vision Microfinance ( www.visionmicrofinance.com ), was launched. Vision Microfinance offers loans to microfinance institutions, which in return offer loans to micro entrepreneurs.
Meanwhile, for the past five years, Vision Microfinance has offered people in developing countries an opportunity to escape poverty. Up to the present day, two microfinance funds have distributed 458 promissory notes worth over 444 m USD to 184 different microfinance institutions in 37 countries. This meaningful and sustainable help for self-help permits families access to food, medical care and education for their children. Thanks to our investors, Vision Microfinance has offered one million people a future with perspective.