GAM debuts local EM bond fund in first of planned 2021 sustainability launches

Paul McNamara to lead new product

Mike Sheen
clock
GAM investment director Paul McNamara
Image:

GAM investment director Paul McNamara

GAM Investments has launched the first fund in a planned range of sustainable investment strategies, with the firm debuting an emerging market bond vehicle under the leadership of investment director Paul McNamara.

The sustainable local emerging market bond strategy, which was developed in partnership with Austrian sustainable investment specialist pension fund VBV-Pensionskasse, seeks to generate long-term returns by investing in a way that is "sensitive to the impact decision making may have on society and the environment". GAM said the pension fund "has moved a three-digit million investment into the new sustainable solution". GAM issues fourth profit warning in two years The approach combines a positive tilt towards sovereigns with higher ESG scores, as defined by its benchmark, the JP Mo...

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 ESG

Invests in companies with strong biodiversity credentials.
ESG

HSBC launches biodiversity screened ETF

SFDR Article 8

clock 11 August 2022 • 1 min read
Charles Radclyffe of EthicsGrade
ESG

Avoid the watermelons: Time to think differently about ESG

Focus on investor needs

Charles Radclyffe
clock 10 August 2022 • 4 min read
Janine Hofer-Wittwer CFA, SIX
ESG

MiFID II meets ESG and EU regulation

Tight time frame

Janine Hofer-Wittwer
clock 09 August 2022 • 3 min read
Trustpilot