BlackRock launches active ESG Asian credit fund

Predominately hard currency debt

James Baxter-Derrington
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The new fund will be managed by BlackRock's Asian credit portfolio management team
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The new fund will be managed by BlackRock's Asian credit portfolio management team

BlackRock has launched its first actively managed ESG Asian bond fund, which seeks to achieve "above-average" income while maintaining long-term growth.

The BGF ESG Asian Bond fund (EABF) will provide exposure to predominately USD-denominated credit and target "attractive" thematic investments, while maintaining comparable yields to traditional Asian credit portfolios. BlackRock unveils suite of ESG multi-asset ETFs It will be managed by the firm's Asian credit portfolio management team, which currently oversees $24bn in Asian fixed income assets, and will utilise a bottom-up credit selection methodology alongside a top-down country/sector allocation framework, while incorporating "ESG insights at every level". EABF will apply an e...

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