Principal launches Article 9 sustainable infrastructure fund

Seeks alignment with UN SDGs

clock • 1 min read
The fund will be managed by a dedicated listed infrastructure team within Principal Real Estate
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The fund will be managed by a dedicated listed infrastructure team within Principal Real Estate

US-based asset manager Principal Global Investors has launched a Global Sustainable Listed Infrastructure Fund, managed by its real estate investment team.

Classified as an ESG-led Article 9 fund under the Sustainable Finance Disclosure Regulation (SFDR), it will invest in listed infrastructure companies worldwide with a focus on businesses positioned to drive environmental, social and economic progress. The fund will invest in companies that collectively align with at least six UN Sustainable Development Goals, including enabling climate action, clean water and sanitation, affordable and clean energy, and sustainable cities and communities. Morningstar research: Article 8 funds suffer outflows for first time The Dublin-domiciled UCIT...

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