T. Rowe Price has added two new funds to its impact range, including its first fixed income fund.
The T. Rowe Price Global Impact Credit fund will be managed by Matt Lawton, who currently supports the US Investment Grade Corporate Bond strategy. The fund is not restricted to green bonds and will target investments through a four-step process, which includes inclusionary screening, exclusionary screening, ESG integration, and fundamental analysis. John Yule, head of UK and Ireland, T. Rowe Price said the launch was a "natural extension" of the companies ESG efforts and "demonstrates our commitment to the UK market". The fund, which has an annual management charge of 30bps and wh...
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