Inbrief

Ideam, which is part of Credit Agricole Asset Management Group, has become the first European investor to use a new screening tool, Global Compact Plus, developed by Innovest Strategic Value Advisors to align investments against the ten principles of the United Nations’ Global Compact. Ideam, which has €1.2billion ($1.43bn, £825m) in assets under management, will screen all its investment funds against the principles.