ABN AMRO Investment Solutions has launched an active equity UCITS fund, sub-managed by Boston Common Asset Management, targeting 40-60 large- and mid-cap companies with strong ESG profiles in emerging markets.
The fossil fuel-free fund – the ABN AMRO Boston Common Emerging Markets ESG Equities fund – is based on the Boston Common Emerging Markets Equity strategy, which is designed to provide a high-quality core ESG style that seeks companies addressing global sustainability challenges and opportunities.
As ABN AMRO Investment Solutions has been the sole European distributor of Boston Common AM UCITS funds since their partnership began in 2020, the firm will distribute this new fund to European investors exclusively through its platform.
The fund will be managed by Liz Su (pictured), Matt Zalosh and Praveen Abichandani, who are supported by Boston Common’s ESG research and engagement team, which conducts proprietary in-depth ESG research and engages portfolio companies to promote long-term thinking, transparency and accountability concerning climate, inequity and human well-being.
Geeta Aiyer, president and founder of Boston Common AM, commented: “Emerging markets companies are among the leading sustainability adopters globally. As active, engaged investors with a strong history of investing in emerging markets, we have a holistic view of these dynamic opportunities. We look forward to introducing our strategy in a UCITS structure to the European clients of ABN AMRO Investment Solutions, with whom we have built a strong relationship over the past four years.”
Bob Hendriks, chief commercial officer at ABN AMRO Investment Solutions, added: ” This is a strategic moment for the launch of a new ESG-focused UCITS Emerging Markets Equity Fund. Indeed, in the past year, the earnings growth expectations have moved higher for emerging markets compared to developed markets and the current equity valuation is at a near historic discount to developed markets.
“We are delighted to give our European clients exclusive access to this promising Boston Common strategy that seeks positive ESG impact and alpha generation. This step strengthens our partnership and enables us to reaffirm our shared values of authentic sustainable investing.”
The fund will be available to clients residing in the following countries, exclusively: Luxembourg, Denmark, Germany, Netherlands, Belgium, France, Spain, Switzerland, Italy, Austria and Sweden.
