Lyxor Asset Management has launches its first "pure" environmental product, the Lyxor Green Bond UCITS ETF, in response to growing investor appetite for ESG strategies and new regulation in France.
Tracking the Solactive Green Bond Investment Grade index, the ETF will gain exposure to investment grade issues labelled as "green", while charging a total expense ratio of 0.25%. To ensure compliance with the Climate Bond Standard framework, each bond must be confirmed as eligible for inclusion by the Climate Bond Initiative. What will be the Trump effect on sustainable investing? In order to create a fully investable universe, bonds in the fund will have at least a 12-month maturity and $300m or €300m outstanding. The firm said the introduction of the Energy Transition Law in ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
