Western Asset has launched a sustainable global credit fund, offering investors access to a fixed income portfolio targeting carbon reduction.
Registered as an Article 8 fund under SFDR, Western Asset Sustainable Global Corporate Bond will be managed by head of non-US credit Annabel Rudebeck and portfolio manager Matt Jackson. Supported by Bonnie Wongtrakool, global head of ESG investments, and Ryan Brist, head of global investment grade credit, the team seeks an annual decrease in absolute portfolio weighted average carbon intensity alongside a need to maintain a weighted average carbon intensity at least 20% lower than the benchmark. Schroders repurposes trio of funds to sustainable mandates It will exclude investments ...
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