MSIM appointed manager of LCIV global equity fund

95% lighter carbon footprint than MSCI World

James Baxter-Derrington
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LCIV's new fund is a concentrated portfolio of high-quality, carbon light companies
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LCIV's new fund is a concentrated portfolio of high-quality, carbon light companies

Morgan Stanley Investment Management (MSIM) has been appointed manager of the newly launched LCIV Global Equity Core fund.

The fund has been launched by the London Collective Investment Vehicle, which was created to provide investment solutions for the 32 London Local Authorities, and seeks to generate total return across both capital growth and income over the long term. MSIM launches Paris Agreement-aligned global balanced sustainable fund MSIM's international equity team has been appointed as delegated investment manager of the fund, which is a concentrated portfolio of high-quality, carbon light companies. It excludes sectors such as tobacco, alcohol and fossil fuels, which it claims has resulted in a...

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