ESG-AM has launched its Climate Transition Bond fund, Citywire can reveal.
It invests in bonds issued by companies credibly committed to the shift towards a lower-carbon economy, the firm said. The fund is Article 9 under the SFDR, and is a Ucits-compliant subfund of ESG-AM’s Sicav fund.
The fund uses ESG-AM’s climate transition scoring tool and a credit score supported by research partner Independent Credit View to identify issuers with robust fundamentals and credible climate commitments.