PGIM has added a sixth strategy to its emerging market debt UCITS suite, offering investors access to a range of hard currency opportunities that comply with an integrated ESG framework.
PGIM Emerging Market Hard Currency Debt ESG will be managed by PGIM Fixed Income and builds upon the group's existing emerging market hard currency debt strategy. PGIM launches Strategic Income ESG fund According to PGIM Fixed Income, the long-term trajectories of emerging market governments and issuers will be influenced by ESG issues, such as climate change or governance practices. Cathy Hepworth, head of emerging market debt at PGIM Fixed Income, and Mariusz Banasiak will co-manage the fund. The pair aims to construct a diversified portfolio of hard currency opportunities, ac...
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