ILIM

Irish Life Investment Managers Limited (“ILIM”) is a global asset manager, serving clients since 1939 when the Irish Life Investments Team was established to manage the assets of Irish Life Assurance Plc. ILIM became a separate Irish domiciled, legally incorporated company in 1997 and now manages circa €125 billion (as at 30 September 2024) of assets for a range of clients based principally in Europe and North America. ILIM is headquartered in Ireland and is the primary asset manager for Irish Life Assurance Plc. ILIM’s core investment capabilities extend across multi-asset solution design with expertise in indexation, quantitative active strategies, active fixed income, alternative assets and property. Circa €65.2bn, or 52% of the total AUM, is now following investment strategies which are classified as Article 8 financial products under EU Sustainable Financial Disclosure Regulation (SFDR). This has been driven by client demand and supported by SFDR.

As a firm level, ILIM is a strong advocate for responsible investment and is currently a member of the United Nations Principles for Responsible Investment (UNPRI) (since 2010) and Net Zero Asset Managers Initiative (NZAM) (since 2022). This year, ILIM achieved signatory status to the UK Stewardship Code.

At ILIM, our purpose is to manage the assets entrusted to us by our clients responsibly, with the objective of delivering long-term sustainable returns in line with their investment objectives. At an investment strategy level, ILIM has integrated sustainability as a core tenet of our discretionary investment approach and the strategies we offer clients. We see a broad range of client needs in this area, and consequently we have worked with clients to support and enable their own sustainability goals and migrate their assets toward solutions which promote sustainability considerations and have developed an integration framework to do so.

Responsible investing means a number of things to ILIM, from being a good steward of our clients’ assets to integrating more robust decision-making within the portfolios we manage for our clients. This is an important part of our investment process and something we have embedded in our culture throughout the firm.

Our long-term and risk aware investment approach incorporates financially material environmental, social and corporate governance (ESG) factors that enhance our overall investment framework. We also actively engage with our clients’ investments where appropriate, focusing on four key stewardship priority themes: Climate Change, Natural Capital, Human Rights and Corporate Governance. We believe that appropriate engagement with companies and issuers in these areas can better inform how capital is allocated and improve risk management of sustainability issues across our clients’ portfolios.

ILIM are currently a signatory to the Net Zero Asset Managers initiative (“NZAM”). ILIM’s NZAM approach adheres to the Paris Aligned Investor Initiative (PAII). The PAII is a collaborative investor-led global forum enabling investors to align their portfolios and activities to the goals of the Paris Agreement. The PAII framework is designed to provide a foundation based on climate science, on which a broad range of asset owners and asset managers can define strategies, measure alignment, and set goals on net zero emissions and transitioning their portfolios.