HSBC GAM announces 'new generation' of sustainable equity ETFs

Tracking the FTSE Russell ESG Low Carbon Select indices

HSBC Global Asset Management has announced the launch of three sustainable equity ETFs, with three more to follow, seeking to offer sustainable investing with "cost-efficient exposure".

The first three ETFs to be listed on the London Stock Exchange today (5 June) are the HSBC Europe Sustainable Equity UCITS ETF, the HSBC Japan Sustainable Equity UCITS ETF and the HSBC Sustainable Equity UCITS ETF, with developed world, emerging markets and Asia Pacific ex Japan iterations to follow. HSBC GAM to grow ETF offering in 2020 while expanding senior team Each ETF will track one of the newly created FTSE Russell ESG Low Carbon Select indices, designed by FTSE Russell in collaboration with HSBC GAM, and will seek to achieve a 20% ESG score uplift, a 50% carbon emissions reduc...