Boston-headquartered Wellington Management has introduced a Ucits-compliant fund with a view to making a “positive impact on some of the world’s major social and environmental challenges”.
With a portfolio diversified across sectors, the fund mainly invests in global fixed income securities whose users are helping to address key global issues.
“Individuals and institutions are increasingly interested in contributing to efforts that help ensure a sustainable future,” said the fund’s manager Campe Goodman.
“They are also holding companies and governments accountable for their actions, through both consumption and investment. As more institutions get involved, the impact investment ecosystem is rapidly expanding within the public equity and fixed income markets.”
Being Ucits compliant, the Wellington Impact Bond Fund is regulated in Europe but available to buyers around the world.
Wellington has also launched two other sustainable investing funds in the equity space in recent months.
The Wellington Climate Strategy fund is a Ucits version of its climate investing approach, and the Wellington Global Stewards Fund focuses on companies displaying “exemplary accountability to stakeholders for every aspect of sustainable growth, including environmental, social and governance”.
One of the largest independent investment managers in the world, Wellington had over $1 trillion (€878 billion) of assets at the end of the first quarter this year.
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