Pimco launches emerging markets ESG fund
The firm has converted and renamed its previous “socially responsible” fund
The firm has converted and renamed its previous “socially responsible” fund
This latest fund follows the launch of three exchange traded funds in June
It follows the launch of an ESG Global High Yield fund by the company in 2017
Fund will invest in companies in energy efficiency, renewable energy, recycling, waste and water management
ESG-focused fund will invest in euro-denominated corporate debt with a pre-determined five-year yield
Ucits ETF will offer European investors exposure to bonds supporting projects aligned to a low-carbon future
The new launch takes Nomura Asset Management into the increasingly crowded global sustainable equity fund market
The fund is the latest addition to the asset manager’s impact range
ESG investors seeking income have faced ‘very limited options’
The new fund will be managed by BMO portfolio manager Jamie Jenkins, in London
Total capital commitments at Summa Equity have risen to SEK 11 billion after the fund close
Fund will use an exclusionary ESG process and invest up to 20% in impact assets