Invesco expands ETF range with three ESG products

'Passive holdings still making an active difference'

Invesco is launching a new range of three exchange-traded funds incorporating ESG factors into the investment process.

The new ETFs will track indices where stock weightings are determined by each company's ESG score, rather than size alone.  The Invesco MSCI ESG Universal Screened UCITS ETFs will track customised versions of the MSCI ESG Universal indices, with a choice of geographical exposures to the USA, Europe and the wider globe. The USA-focused ETF will have an ongoing charge of 0.09%, while the European and World version will be slightly more pricey, at 0.16% and 0.19%, respectively. Invesco hires Amundi sales associate for ETF business development role Gary Buxton, head of EMEA ETFs, sa...