AXA IM to launch global smart beta ESG fund

Retail share class to come later in year

Daniel Flynn
clock
AXA IM to launch global smart beta ESG fund

AXA Investment Managers has launched an institutional global smart beta equity ESG fund, with a retail share class expected to follow later in the year.

The AXA World Funds Global SmartBeta Equity ESG fund aims to deliver between 1%-2% annualised excess return with approximately 80% of market volatility over a full cycle. It also aims to achieve a higher environmental, social and governance (ESG) score than the market, and a lower carbon footprint. The company said its ESG framework is systematically incorporated into the fund's portfolio construction to avoid companies with low ESG scores, while increasing exposure to companies with high ESG scores. Has ESG morphed to become just a box-ticking exercise? Jonathan White, AXA IM s...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

Alex Wright of Fidelity International

Fidelity's Alex Wright: People have misunderstood OMV Russia exposure

'Sentiment is overly pessimistic'

clock 23 June 2022 • 3 min read
Equity funds managed to stay in positive territory with €2.9bn of new net subscriptions

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

clock 23 June 2022 • 1 min read
Liontrust Asset Management chief executive John Ions urged for long-term focus amid short-term volatility

Liontrust boasts 41% revenue increase in face of 'challenging period short term'

Majedie acquisition added £5.2bn value

clock 22 June 2022 • 2 min read
Trustpilot