Neuberger Berman has expanded its ESG offering with the launch of a Global High Yield Sustainable Action fund, investing in corporate credit securities that meet sustainable investment criteria.
Managed by Chris Kocinski and Joseph Lind, supported by a team of four portfolio managers, the fund will focus on income generation via a diversified portfolio of between 90 to 150 issuers, with a focus on BB and B credit. Neuberger Berman overhauls climate risk analysis The Dublin-domiciled UCITS fund will have engagement objectives for each issuer, aligned with the United Nations Sustainable Development Goals, with progress for the portfolio reported to investors annually. Kocinski and Lind, who have a combined 34 years of high yield credit investing experience, will also be sup...
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