Federated Hermes launches low-carbon bond fund with Swedish partner

Fund to actively engage with holdings to support climate change action

clock • 2 min read
Fraser Lundie, head of credit at Federated Hermes
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Fraser Lundie, head of credit at Federated Hermes

Federated Hermes has launched a new UCITS fund with the Swedish National Pension Fund AP1, which aims to generate returns by investing in bonds that support a low-carbon future.

Federated Hermes said the fund, which launched today, will not hold companies that have failed to engage on climate change and will exclude "controversial" sectors and "heavy greenhouse gas-emitting issuers...

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