Swiss firm BlueOrchard Finance has launched an emerging markets investment fund that it says addresses the UN Sustainability Development Goals (SDGs).
The Impact Bond Fund is domiciled in Luxembourg and is Ucits-compliant. It is aimed at both retail and institutional investors that “seek a scalable and liquid alternative to traditional microfinance funds”.
The fund invests in bond issuances from corporations and public/private financial institutions that finance or engage in impact activities which advance the UN SDGs.
Patrick Scheurle, chief executive of BlueOrchard, said the firm’s investors had expressed “considerable interest” lately in a vehicle that combines financial and social returns with liquidity.
BlueOrchard was founded in 2001 “by initiative of the UN” and, according to the firm, it was the world’s first commercial manager of microfinance debt investments.
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