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.
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