Nuveen has launched a global clean infrastructure impact strategy, classified as Article 9 under SFDR.
The $1.1 trillion Los Angeles-based firm has launched the Nuveen Global Infrastructure strategy, which has been repositioned to focus on decarbonisation and closing the €470 billion clean infrastructure investment gap by 2030.
It will target companies addressing significant environmental challenges, facilitating the energy transition, waste management and the provision of water, the firm said.
It will be managed on the firm’s impact platform by four infrastructure managers.
Noah Hauser, portfolio manager for the Nuveen Global Clean Infrastructure Impact strategy, said:
“Investors are increasingly looking for uncorrelated returns to protect their capital from the cost of climate change and challenging macroeconomic conditions.
“We believe this strategy has the potential to offer investors downside risk mitigation through diversification whilst making a demonstrable impact on some of the greatest environmental challenges of today.”
© 2022 funds europe
