BlackRock and Scottish Widows join forces to launch climate fund

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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.