Jonathan Bailey has been appointed head of environmental, social and governance (ESG) investing at Neuberger Berman, a private, independent, employee-owned investment manager based in New York City, Neuberger Berman announced Tuesday.
Bailey will work with the firm's investment teams and research departments to further incorporate ESG principles into the equities, fixed-income and alternatives platforms. He will help portfolio managers consider ESG as part of their analytical approach to evaluating companies and markets. He will also chair the firm's ESG Investment Advisory Committee, Neuberger Berman said.
“As a firm, we have a deep history in ESG investing, going back to our first application of 'avoidance screens' in the 1940s to the launch of our socially responsive investment team in 1989," said Joseph Amato, Neuberger Berman president.
Bailey was previously with the think tank Focusing Capital on the Long Term.