Goldman Sachs Asset Management has brought a new bond fund to market, which offers exposure to biodiversity conservation and remediation.
The Goldman Sachs Biodiversity Bond fund, classified as Article 9 under SFDR, invests mainly in investment-grade corporate bonds across developed and emerging markets.
The strategy will invest in labelled bonds, whereby the proceeds of the bonds are applied towards biodiversity-related activities, and unlabelled bonds issued by companies with revenues supporting biodiversity conservation and remediation.
It is domiciled in Luxembourg, and has the ability to invest globally and across currencies, including euro, dollar, and sterling.
Bram Bos, global head of green, social and impact bonds at Goldman Sachs Asset Management, said: “In recent years, there has been a growing focus amongst investors to consider not just pure climate targets but also maintaining and improving biodiversity.
“This fund seeks to provide fixed income investors with exposure to issuers that are having a positive impact on biodiversity. The wide spectrum of the fund’s investment universe enables us to identify promising opportunities for investors.”
This article originally appeared in our sister publication, Portfolio Adviser
