Neuberger Berman is launching a Dublin-domiciled UCITS Sustainable Asia High Yield fund, which aims to a have a portfolio with a carbon intensity 30% lower than the broader Asian high yield universe.
The fund, which will be benchmarked against the JPMorgan JSEG JACI High Yield index, will be run by Nish Popat in London alongside Sean Jutahkiti and Prashant Sing in Singapore. The managers will be supported by 15 on-the-ground investment professionals in Singapore and Shanghai. Popat said: "Asia forms a large and resilient part of the global economy and is now one of the largest bond markets in the world. Yet, sustainable investing all too often stops at the border to the emerging world. "We believe EMD investors have an important role in promoting sustainability, as emerging count...
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