Allianz Global Investors has launched the Allianz Climate Transition fund, managed by Christine Clet-Messadi and available to both retail and institutional investors.
The fund invests in European equities which focus on achieving a low-carbon economy, with many already having significantly reduced their carbon footprint. It will have a 0.7% ongoing charges figure...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow