Manulife Investment Management has expanded its European institutional offering with the Manulife Global Fund – Global Climate Action.
The Article 9 Fund seeks long-term capital growth by investing in organisations that make positive contributions to climate change. Article 9 funds must have either sustainable investment or a reduction in carbon emissions as their objective.
“European investors are very conscious of how their actions affect the environment and demand innovative investment solutions that focus on and measure climate action,” said Patrick Blais, head of Manulife Investment Management’s fundamental equity team.
“We believe businesses that are nimble and able to align policies and practices to lower their carbon emissions while also creating strong financial returns are set to be more attractive to investors, have a greater potential to outperform, and can represent less risk for investors over the long term.”
The fund offers investors access to Manulife Investment Management’s Global Climate Action strategy.
“Whilst some funds focus on passively investing in companies that have low greenhouse gas emissions, we also seek to invest in companies that are likely to significantly reduce emissions by looking for companies that have incorporated science-based targets into their business to ensure long-term, measurable impact, which should help lead to a faster route to achieving net zero objectives,” added Blais.
The Canadian investment manager has also expanded its range of Manulife Global fund sub-funds available to European investors. Newly available are the Sustainable Asia Equity Fund, Asian High Yield Fund, and U.S. Small Cap Equity Fund.
Sustainable Asia Equity Fund, an Article 8 fund, follows the launch of Manulife Investment Management’s Sustainable Asia Bond Fund in 2020 and seeks to take advantage of the ongoing global trends in sustainable and responsible investing.
Asian High Yield Fund and U.S. Small Cap Equity Fund offer investors access to investment opportunities across these continents.
Manulife Global Fund – Global Climate Action Fund and the other three sub-funds are available to institutional investors in the United Kingdom, Italy, Germany, Luxembourg, Finland, Denmark and Switzerland.
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