AMWatch

LGIM creates next-generation ESG index fund from AP1's extensive wish list

Swedish pension fund AP1 and one of the world's largest asset managers have collaborated on and created an emerging market index fund addressing multiple ESG dimensions. "Instead of using the stick, we now also have the carrot," Tina Rönnholm, External Partnerships & Innovation at AP1, tells AMWatch in a double interview with LGIM.

Tina Rönnholm, External Partnerships & Innovation at AP1. | Photo: PR/AP1/Peter Phillips

Legal & General Investment Management (LGIM) is now launching the L&G Emerging Market Equity Future Core [Index] Fund. The new passive fund has been developed in collaboration with the Swedish public pension fund AP1 and addresses multiple ESG dimensions. The fund is also available to institutional and wholesale investors in Europe.

To AP1, the new fund has been on the way for quite a long time. The pension fund has always kept passive investments as part of its SEK 355bn (EUR 35bn) portfolio, but the passive portfolio typically had problems relating to specific holdings.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch