Kingswood launches short-dated ESG bond fund

Targeting five-year duration

Wealth manager Kingswood has launched an ESG bond fund, targeting short-dated, investment grade sterling issuers.

Kingswood ESG Bond is targeting a five-year duration and aims to provide income with potential for long-term capital growth, and will use the Bloomberg Barclays MSCI Sterling Liquid Corporate ESG Weighted index as its benchmark. Morgan Stanley IM debuts sustainable fixed income opps fund The fund takes constituents from the index which weights firstly on ESG considerations and then gives extra weighting to issuers with improving ESG scores. As the weightings within the index are adjusted monthly, this should ensure the fund is always exposed to the most environmentally friendly com...