Aberdeen Standard Investment will target companies demonstrating strong management of ESG risks and opportunities with the launch of the Aberdeen Standard SICAV I - Global Corporate Bond Sustainable and Responsible Investment fund
Primarily investing in investment grade debt and debt-related securities, the fund will target a carbon footprint lower than that of its USD-hedged Bloomberg Barclays Global Aggregate Corporate benchmark, while ASI's global investment grade portfolio management team will engage with investee companies on ESG risks and opportunities. ASI reveals details of Woodford fund overhaul The fund will exclude companies identified as not having sustainable business practices via "binary" exclusions, which identify controversial business activities, and "active" exclusions, which identify compani...
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