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Certifications and quality seals
Confirmation of the quality of sustainability funds by external auditors serves to strengthen
investor confidence. In late 2018, Forum Nachhaltige Geldanlagen (Sustainable Investment
Forum), the umbrella association for sustainable investments in Germany, Austria, and
Switzerland, issued the FNG seal 2019. This seal is awarded after an audit conducted by an
external auditor (University of Hamburg) (information at www.fng-siegel.org).
Raiffeisen Capital Management’s funds were again among the best sustainability funds in the
German-speaking countries. The highest mark (3 stars) was awarded to a total of 25 funds, a
third of which are managed by Raiffeisen Capital Management. Eight of the ten sustainability
funds received this highest seal, with the other two receiving the 2-star seal. Raiffeisen’s
sustainability funds also have the Austrian Ecolabel that is awarded by the Austrian Federal
Ministry of Sustainability and Tourism following a corresponding external audit.
The European Transparency Code logo for sustainability funds (eurosif Transparency Code
logo) identifies the obligation to provide correct, appropriate and timely information to
interested parties, in particular customers, to enable them to understand the approaches and
methods of sustainable investment for the respective fund. “eurosif” is the umbrella organization
of European sustainability organizations, such as the Forum Nachhaltige Geldanlage (Forum
for Sustainable Investments) of the German-speaking region (information at www.eurosif.org).
The sustainability reporting to PRI also received excellent feedback in the relevant areas. This positive feedback
from external, independent sustainability initiatives is both confirmation and an incentive to continue along our
chosen path.
Kathrein Privatbank Aktiengesellschaft
As a leading bank for asset management in Austria, Kathrein Privatbank optimally unites a number of different
aspects: The flexibility, experience and tradition of an exclusive private bank and core values such as competence,
efficiency and ease of understanding. At the same time, as a full subsidiary of RBI AG, it belongs to one of the
largest banking groups in Europe and, in this way, it is able to guarantee its customers the greatest possible level
of security. Kathrein Privatbank offers customer-tailored investments for private assets and foundations and is ready
to assist customers in all matters relating to private foundations, asset transfer and the purchase and sale of
companies. In its investment decisions, Kathrein Privatbank follows a clearly defined methodology – the quantitative
investment style. The object is to identify possibilities for performance improvement and to develop objective
economic criteria for investment decisions.
By consciously selecting sustainable investments, Kathrein wants to actively shape a better future. For example, it
has voluntarily committed, for selected referenced retail investments, to follow all recommendations in the European
Transparency Code for Sustainability Funds. These funds have been awarded the FNG transparency seal. It also
received the Austrian Ecolabel for sustainable financial products for three funds.
At Kathrein Privatbank, eight percent of the fund volume (retail investment and special funds) is currently managed
sustainably. These are the “Kathrein Euro Core Government Bond” and the “Kathrein Euro Bond”. At the wholly
owned subsidiary Kathrein Capital Management Ges.m.b.H., 73 percent of the assets under management (retail
investment and special funds) are managed sustainably – these are Hypo-Rent, MI Multi Strategy, KCM SRI Bond
Select, KCM SRI Bond Classic, KCM Aktien Global, and three special funds. In total, this means that 29 percent of
all retail investment and special funds managed by the Kathrein Group are managed sustainably.
Raiffeisen Bank International | Sustainability Report 2018