Industry titan targets institutional core allocations through new climate equity funds

One of the world's largest asset managers, State Street Global Advisors, believes its new systemic equity climate funds will appeal to both institutional and retail investors, because it combines scientific data with the asset manager's own investment capabilities.

(left-right) Carlo Funk, EMEA Head of ESG Investment Strategy and head of Nordics Arnaud Bruyneel. | Photo: PR / State Street Global Advisers

State Street Global Advisors (SSGA), the world's fourth largest asset manager, recently announced the launch of three equity funds, which align with the Paris Agreement goals to keep the increase in the global temperature average below 2 degrees Celsius above pre-industrial levels.

According to SSGA's EMEA Head of ESG Investment Strategy, Carlo Funk, the new funds are designed to be core equity allocations for large institutional investors "provided they are open to start moving away from standard benchmarks to make a change."

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Akademikerpension divests utility companies

More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.

Qblue aims to reach a wider audience

Bjarne Graven Larsen's QBlue Balanced wants to reach more international investors, he tells AMWatch. He also discusses why he thinks the quant winter has made way for a quant spring.

Evli records AUM growth exceeding 24 pct

New client wins, additional investments from existing clients and the positive market impact increased the assets under management by private and institutional mandates to a new record, writes Evli Group CEO Maunu Lehtimäki.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch