Royal London Asset Management has expanded its sustainable investment offering with the launch of a global credit fund under the management of Rachid Semaoune.
RLAM Global Sustainable Credit seeks a total return over the medium term, with a typical horizon of three to five years, and to outperform the Bloomberg Barclays Global Aggregate Corporate Total Return Index Hedged USD index by 0.75% per annum over rolling three year periods, gross of fees. The fund will charge fees of 0.53% and 0.4% for the class M (GBP hedged) and class Z (GBP hedged) share classes respectively. Boom time for ESG bonds: Time to get excited as new products enter the market? Launching with £125m in seed capital, the fund looks to provide a "best of breed" combinati...
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