BlackRock and Scottish Widows join forces to launch climate fund

BlackRock and Scottish Widows join forces to launch climate fund

BlackRock and Scottish Widows have joined force to design the Climate Transition World Equity fund, a new portfolio dedicated to helping the transition to a low carbon economy. The BlackRock managed fund, is part of an initiative by the two firms, which has already received £2bn from Scottish Widows' pension portfolios. This makes Scottish Widows the inaugural investor in BlackRock's authorised contractual scheme (ACS) Climate Transition World Equity Fund. The initial investment ref...

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Gary Robinson

Commercial Director, Head of Video at International Investment.