HSBC Asset Management (HSBC AM) announced today the launch of the HSBC GIF Asia ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Bond Fund, an active fund investing in a portfolio of Asian bonds, favoring issuers with sound ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. profiles.
Classified as Article 8 under the EU SFDR regulation, the new fund will invest in a portfolio of Asian bonds, selected with a strong bias towards issuers with sound ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. profiles, aiming for a higher ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. score and a lower carbon intensity score than its reference benchmark, the JPMorgan ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Asia Credit Index.
The fund will apply negative screening to exclude sectors with low ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. ratings, including weapons, thermal coal, gambling and tobacco, and issuers breaching the UN Global Compact Principles. Additionally, the fund will invest in sustainable bonds, including green bonds, sustainability linked bonds, transition bonds, and socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. bonds.
The new fund will be managed by Alfred Mui, Managing Director, Head of Asia Fixed Income Investment Management, and Wilson Yip, Associate Director, Fixed Income. Mui said:
“Last year, we saw Asia issue a record amount of green, socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. and sustainability-linked US dollar bonds, demonstrating that growth in the space is strong. As governments and companies across the region plan their paths to net zero, the demand for debt financing to support green projects will grow.”
“This opens up an opportunity for global investors to take part in Asia’s transformation through an ESG-enhanced Asian bond strategy, which also has a potential to offer higher yields versus other comparable markets. At the same time, investing in Asia ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. bonds does not come at the expense of performance, according to historical data.”
The post HSBC Launches Asia Bond Fund Investing in Strong ESG, Low Carbon Intensity Companies appeared first on ESG Today.