Morgan Stanley Investment Management (MSIM) has launched a new Global Balanced Sustainable fund, which will seek to achieve a "positive impact" alongside "financial returns".
Managed by the global balanced risk control team, the Paris Agreement-aligned fund will invest in global equities, fixed income securities, money market instruments and cash, while seeking to offer the same "attractive" returns and downside protection that are the "hallmark" of the team's risk-controlled portfolios. Morgan Stanley IM expands sustainability team with two hires The fund will invest 5-30% of assets in managers who "explicitly aim for positive environmental and social outcomes", while also engaging with companies through dialogue and proxy voting to "enhance" the impact t...
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