Franklin Templeton launches smart beta Climate ETFs

Paris-aligned products to be listed on 31 July

Franklin Templeton has launched two smart beta ETFs compliant with the European Union's new Paris Aligned Benchmark (PAB), providing exposure to US and European equities.

The Franklin STOXX Europe 600 Paris Aligned Climate UCITS ETF and Franklin S&P 500 Paris Aligned Climate UCITS ETF, which sit within the firm's LibertyShares range, will be listed on the London Stock Exchange from 31 July, and will also be available on the Deutsche Börse, Borsa Italiana and other European exchanges. Foresight launches sustainable real estate fund Both portfolios, which will be fully aligned with the de-carbonisation goals of the Paris Climate Agreement, will be managed by head of global index portfolio management Dina Ting and ETF portfolio manager Lorenzo...