FTFM Investing in human capital as an effective strategy for delivering outperformance might raise a few questions and eyebrows, but at Axa WF Human Capital, fund managers believe it will work.
The fund’s innovative responsible investment strategy is based on investing in companies with good human capital management, which Axa Investment Managers maintains leads to good productivity and profitability. “Good human capital management, which means things like job creating, training and reward systems, creates competitive advantages for companies and investors,” says Jean-Marc Maringe, fund manager, speaking from 10 years of experience in running a mandate on human capital.
