AMWatch

PIMCO tweaks funds as demand for ESG in fixed income takes off

So far, most ESG (environmental, social and governance) investment strategies in listed securities have been in the domain of equity investors. But that is about to change as demand for fixed income ESG strategies begins to soar, according to one of the world's largest bond managers.

"The integration of ESG in fixed income portfolios is starting to become mainstream, " says Mike Amey, head of ESG Strategies at PIMCO | Photo: PR: PIMCO

EUR 1.50 trillion money manager Pacific Investment Management Co, or PIMCO, launched a spinoff edition of its global investment grade credit fund earlier in October. The difference between the original fund and the spinoff is that the new one has an additional focus on environmental and social benefits, hence its name — GIS global investment grade credit ESG fund.

The fund management team is the same for both strategies with the sole exception of the Mike Amey, PIMCO's head of ESG strategies.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch