With an optimistic view of the markets and the announcement of the Alas20 institution being the sustainability leader in Colombia, Protección opens its Investments 2020 SUMMIIT

With an optimistic view of the markets and the announcement of the Alas20 institution being the sustainability leader in Colombia, Protección opens its Investments 2020 SUMMIIT

•    Protección holds today from 8:30 a.m. the Investment Summit 2020 with the participation of Mauricio Cárdenas, former Minister of Finance, and Juan David Correa, President of Protección.
•    The event also has other speakers such as Cristóbal Doberti, Regional Manager of Savings and Investment Strategies at SURA Asset Management; Susana Peñarrubia, Active Senior Portfolio Manager Equities European ESG of DWS and Mauricio Rodríguez, Leader of Savings and Investment of Protección and Juan Sebastián Maya, Portfolio Manager.
•    The event discusses issues of the global and local economic environments, developments in sustainable investments and new trends in portfolio management and delegating. The free virtual forum can be accessed via www.proteccion.com/eventos.
•    Protección was recognized by ALAS20, an initiative of GOVERNART that seeks to promote sustainable development in Latin America from business management and investment decisions, as the Leading Financial Institution in Colombia. Likewise, Protección was also recognized in the top position in three of the categories: Responsible Investments, Sustainability Research, and Corporate Governance.


The global economy faces a deep recession as a result of the relentless impact of COVID-19. According to the International Monetary Fund (IMF), the global economic downturn will be 4.4% by 2020, the worst since World War II. Governments' response to saving lives and reviving the economy reaches historic levels: $12 trillion in tax aid and about 8 trillion in monetary policy. In the midst of this context, former Finance Minister Mauricio Cardenas, and President of Protección, Juan David Correa, open the 2020 Security Investment Summit at 8:30 a.m. today. 

The first panel of the event will feature Cardenas and Correa, who will address topics relevant to the ¡pandemic, the U.S. elections, opportunities for 2021 and 2022, and an in-depth analysis of Colombia's economy. The Sustainability and Portfolio Management panels will follow, with topics in which Protección has been a leader in Colombia, based on the premise that the environmental, social, and good corporate governance (ASG) aspects of each investment are enablers, and as important as financial performance. These panels will be joined by specialists Juan Sebastián Maya, folios Director for Protección; Cristóbal Doberti, Regional Manager of Savings and Investment Strategies at SURA Asset Management; Susana Peñarrubia, Active Senior Portfolio Manager Equities European ESG of DWS and Mauricio Rodríguez, Savings and Investments Leader at Protección. 

"One of the main responsibilities that those of us who manage the resources that build the future of our customers have, is to understand the current landscape, so that we can support them in making decisions that bring them closer to fulfilling their dreams. Events like this allow us to obtain in-depth knowledge of the macroeconomic landscape to align all our strategies, so that the best possible returns are generated for those who are building their future, seeking to do so under the environmental, social, and corporate governance criteria of sustainable investments, which today more than ever become relevant," Correa said, referring to the event.

As part of the event, Protección was notified by ALAS20, an initiative of GOVERNART, which seeks to promote sustainable development from business management and investment decisions in Latin America, that it was selected as the Leading Financial Institution in Colombia. Protección also took the top position in three of the categories: Responsible Investments, Sustainability Research, and Corporate Governance. 

"More relevant than being recognized as the leading institution in Colombia in sustainability issues within the Alas20 2020 ranking, is to remain continue with the commitment we have made at Protección towards a sustainable future. This has allowed us, as pension, savings and investment funds managers, to understand the responsibility we have to ensure that the resources entrusted to us by more than 8 million Colombians are invested efficiently and with accountably, not only in terms of risk and return expectations, but also answering to the expectations of society and the impacts that investments can generate," added Juan David Correa. 

Alas20 is GovernArt's initiative, which comprehensively evaluates, qualifies, and recognizes excellence in public disclosure of information on sustainable development practices, corporate governance, and responsible investments of companies and investors in Brazil, Chile, Colombia, Mexico, and Peru. The evaluation is made using the research methodology based on the Reporting Framework of the Principles of Responsible Investment, PRI. ALAS20 seeks to promote sustainable development in Latin America from business management and investment decisions, as an effective way to achieve a more sustainable, equitable and inclusive world.