Legal & General Investment Management (LGIM) has launched a multi-asset fund designed to appeal to defined contribution pensions schemes looking to integrate ESG factors into their investment strategy.
The Future World Multi-Asset Fund, which forms part of LGIM’s Future World Fund range, will aim to provide long-term investment growth through exposure to a diversified range of asset classes.
The fund will incorporate LGIM’s Climate Impact Pledge which aims to speed up the progress companies are making in addressing climate change and transitioning to a low-carbon economy.
Emma Douglas, head of defined contribution at LGIM said, “We’ve seen a marked change in attitudes from savers who want to use their pension to help create the future they want to retire in and research has shown that 85% of millennials would like their future investments to reflect their social and environmental values.”
London-based LGIM currently has total assets under management of £983 billion (€1.12 trillion).
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