Morgan Stanley Investment Management announced today the European launch of a new suite of 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. strategies, to be managed by the firm’s responsible investing subsidiary Calvert Research and Management.
The new fund launch follows the acquisition by Morgan Stanley last year of Calvert’s parent company Eaton Vance for an equity value of approximately $7 billion.
John Streur, President and Chief Executive Officer of Calvert, said:
“We are excited about leveraging Morgan Stanley Investment Management’s leading non-U.S. distribution capabilities to bring Calvert’s proven, Principles-based sustainable investment strategies to a much broader universe of investors. Our proprietary research system drives our investment process and enables us to identify the companies leading their peers in managing financially material 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. risks and opportunities, and those that are positioned for longer-term success and improved societal outcomes.”
The new funds, classified as Article 9 under the under the Sustainable Finance Disclosure Regulation (SFDR), target long-term value creation and positive global impact, investing in companies with leading 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. characteristics. The suite includes strategies focused on European, US and other developed markets, with an emerging markets-focused fund to follow in the coming weeks, as well as funds focused on diversity, equity and inclusion and on climate.
Jacques Chappuis, Global Head of Distribution and Co-Head of the Solutions and Multi-Asset Group at Morgan Stanley Investment Management, said:
“We are delighted to be able to bring Calvert’s historic understanding of 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. analysis, knowledge of responsible investing and success in long-term value creation to our European clients. Investors are increasingly focused on sustainability, and the launch of these new funds demonstrates our focus on delivering our clients best-in-class and market-leading products and solutions that align investor values with financial outcomes.”
The new funds include:
MSINVF Calvert Sustainable Developed Europe Equity Select FundMSINVF Calvert Sustainable Developed Markets Equity Select FundMSINVF Calvert Sustainable Emerging Markets Equity Select FundMSINVF Calvert Sustainable US Equity Select FundMSINVF Calvert Sustainable Diversity, Equity and Inclusion FundMSINVF Calvert Sustainable Climate Aligned Fund
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