39: Yuni Choi of RS Group: The Role of Family Offices In Sustainable Investing

<div>Yuni Choi focuses on the investment portfolio of RS Group. She has 14 years of investment experience across public and private equities and in multi-asset portfolio management. Before joining RS Group, Yuni was Vice President at TAU Investment, an impact-driven private equity firm investing in the apparel supply chain. </div> <div>Prior to TAU, she worked as a Senior Investment Analyst at Mirae Asset Global Investments, focusing on fundamental analysis and investment in Asian public equities. She is also an angel investor and has advised a dozen social entrepreneurs over five years. A native of South Korea, Yuni earned her MBA from Columbia Business School and also holds a BA in Business Administration from Yonsei University. She received her CFA charter in 2011.</div> <div> <br> Highlights:</div> <ul> <li>The stages the RS Group - Single family office has gone through and the lessons learned </li> <li>Total Portfolio Investing and Bended Value</li> <li>Investing in Sustainalytics in 2009 in order to support the mainstream ESG investing community</li> <li>Focus on natural capital and nature based solutions and launching of a design funding window with Convergence Finance.</li> <li>“Its really important to understand the team. We see a lot of ESG funds, with the bigger asset management firms they have very shiny presentations that are very well organised but in the end what gives us the real insights is talking to the managers and understanding how they implement the ESG framework. The magic is really getting to know them”</li> <li>We believe closely monitoring and engaging managers is also our duty as a responsible investor.</li> <li>“One of the fundamental challenges is that positive and negative externalities are not fully priced in. This means coal miners or harmful oil and gas exploration projects can still access funding at a rate not too different from green projects.”</li> <li>When ecosystem services are properly valued, companies will not be able to justify damaging natural resources to increase thei