The Frankfurt asset management company Lupus Alpha has added second mutual fund to its range of convertible bonds.
The Lupus Alpha sustainable convertible bonds is designed to include convertible bonds from around the world that meet sustainability criteria. This includes, among others, social standards, environmental management, product portfolio and corporate governance.
Lupus Alpha is working with the two analysis for sustainability, Imug and Vigeo Eiris. The basis of Vigeo Eiris are sustainable goods & services approach and a catalogue of exclusion criteria. In particular, companies that help to reach the 17 sustainable development goals of United Nations are considered.
Marc-Alexander Knieß and Stefan Schauer will manage the fund in such a way that they beat their benchmark index and make good use of the asymmetric profile of convertible bonds. The managers want to hedge currency risks.