Goldman Sachs Asset Management has launched two funds targeting fixed income investors who want to enhance the sustainability profile of their portfolios through an allocation to green, social and sustainability bonds.
The funds – Goldman Sachs Global Impact Corporate Bond Fund and Goldman Sachs USD Green Bond Fund – are managed by the green, social and impact bonds team within Goldman Sachs Asset Management’s global fixed income department.
Recently, the firm passed $9 billion in dedicated green bond assets under management.
The Goldman Sachs Global Impact Corporate Bond Fund seeks to invest in green, social and sustainable bonds across the corporate credit spectrum that clearly define social or environmental objectives and impact. The bonds in the portfolio target a range of UN Sustainable Development Goals, investing globally in investment grade and high-yield bonds.
The Goldman Sachs USD Green Bond Fund invests globally in corporate and government bonds and investment-grade credit. It offers a global alternative for clients seeking dollar-denominated exposure.
Both funds will make disclosures under Article 9 of the EU’s Sustainable Finance Disclosure Regulation.
Bram Bos, global head of green, social and impact bonds at Goldman Sachs Asset Management, commented: “Both corporate issuance and investor appetite for social and sustainability bonds continue to grow, making it an important segment for fixed income, alongside the burgeoning green bonds market. The global bond market is a key source of investment to drive the climate transition and address topics such as inclusive growth.”
The funds are registered for sale in Austria, Belgium, Denmark, Germany, Spain, Finland, France, Italy, Netherlands, Norway, Sweden, Switzerland and the UK.
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