Actiam Asset Management has launched the Actiam (L) Sustainable Emerging Markets Debt fund.
The fund optimises the financial and social return by looking at the fundamental strength - size and earning capacity - of the different economies (instead of market weights).
When assessing country risk and the long-term economic growth opportunities, a number of socio-ethical issues such as human rights, political freedom, good governance and controversial weapons are taken into account.
The new strategy actively invests in government bonds and bonds from state-owned companies in emerging markets. All investments are given an ESG score. The ESG score of the portfolio will always be higher than the ESG score of the benchmark. The fund also aims to obtain a return which is at least equal to the benchmark. By looking at the fundamental strength of the economy (instead of market weight), a more diversified portfolio is constructed.
The Actiam Sustainable EMD fund is a Ucits fund, which is being managed by Ruben Smit en Pim Burggraeve. They are part of the wider Fixed Income & Multi Asset team. The team consists of 18 professionals with an average experience of 17 years and is being headed by Johan Idema. This team works closely together with the Actiam impact investing team; a team of eight professionals with an average experience of over 14 years in investing in emerging and frontier markets.