Allianz Global Investors makes ETHICA fund available in Spain

Allianz Global Investors has made available to Spanish investors the ETHICA fund, an equity strategy investing in the eurozone following the principles of the Church's social doctrine. The ETHICA fund was launched in 2008 on the initiative of the Bishops' Conference of France, which aimed to offer all the dioceses the possibility to invest in equities while following the Church's doctrine. Since then, investment in the strategy has been reserved to religious institutions but with the launch of new classes, the fund was opened to any investor. The strategy aims to achieve a performance...