ACI seeks ‘diamonds in the rough’ with sustainable value strategy

Global equity strategy will look for businesses transitioning their operations

American Century Investments (ACI) has launched a sustainable value equity strategy for clients worldwide.

American Century Global Sustainable Value Equity, managed by global value equity CIO Kevin Toney, senior portfolio manager Michael Liss and portfolio manager David Byrns, will look to invest in 45-75 securities selected using bottom-up, fundamental research from ACI’s sustainable research team and a proprietary sustainability framework.

“The team will leverage our proprietary improvement pathway framework to identify companies that recognise the importance and value of transitioning their business operations to support a more sustainable economy,” said Byrns.

Head of sustainable investing Sarah Bratton-Hughes (pictured) said the strategy was not looking for sustainability leaders.

“We are seeking diamonds in the rough – companies that are committed to improving the sustainability of their business,” she said.