Spanish asset manager Tressis launches short-term fixed income fund with focus on sustainability

Spanish independent asset manager Tressis steps up its efforts in favor of sustainable investing with the launch of a SRI short-term fixed income product. Adriza Renta Fija Sostenible invests exclusively in short-term debt, both public and private, in euro. The average portfolio duration is between six and 12 months and its annual volatility stands below 2%. The Fund takes the Barclays Euro-Aggregate 1-3 year Total Return Index Hedged EUR index as its benchmark and can invest up to 100% in fixed-income issuers of low credit ratings, having the possibility to allocate up to 10% into em...