The board of Henderson Diversified Income Trust has proposed a change of investment objective and policy to “formalise” the integration of ESG factors into the investment process and also announced the appointment of a new co-fund manager.
At the investment trust's last AGM, shareholders voted in favour of amending the company's investment objective to help the transition away from LIBOR, to that of "seeking a sustainable level of annual income and capital gains consistent with seeking to reduce the risk of capital losses", with its benchmark updated as a result of this process. Following this change, the board of the trust said today (13 December) it has been discussing with the investment manager "the various ways" in which ESG matters are integrated into the company's portfolio construction and investment processes, giv...
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