Driven by increased client demand for climate aware solutions, the L&G Net Zero Global Corporate Bond Fund is an active strategy that aims to deliver long-term returns, net zero carbon emissions and improved ESG outcomes.
Legal & General Investment Management (LGIM), one of the world’s largest asset managers, has today announced the launch of the L&G Net Zero Global Corporate Bond Fund, targeting institutional investors and wealth managers across the UK and Europe.
The Fund aims to identify long-term financial alpha across a broadly diversified global credit universe while targeting net zero emissions by 2050, as well as to provide improved portfolio temperature alignment through decarbonisation objectives and enhanced long-term outcomes through meaningful engagement with the companies in the portfolio.
The Fund’s investment process is underpinned by LGIM’s Global Research & Engagement Groups (GREGs), which bring the firm’s equity, credit and investment stewardship teams together.
Matthew Rees, Head of Global Bond Strategies, Legal & General Investment Management (LGIM), said “In their search for yield, investors are looking to access a well-diversified global credit universe that will provide them with an array of opportunities. At the same time, they want to invest in portfolios that enable them to achieve net zero emissions in line with the Paris Alignment trajectory, as well as reach better ESG outcomes.”
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