UBS Asset Management and Aon have joined forces to launch the UBS Global Emerging Markets Equity Climate Transition fund, building on their existing relationship.
The fund expands on the UBS Global Equity Climate Transition fund, which was launched in 2022, and will invest in emerging market companies as well as stocks related to climate change and aiming to decarbonise over time. UBS AM launches ESG reweighting commodity ETF The strategy will also gain exposure to companies aligned to the UN Sustainable Development Goals in relation to health, clean energy, decent work, responsible consumption and production and climate action. Aon will seed the fund via its defined benefit and defined contribution solutions with a total of £190m: £120m fro...
To continue reading this article...
Join Investment Week for free
- 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