HSBC Global AM launches ESG equity UCITS in Britain

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HSBC Global AM launches ESG equity UCITS in Britain

HSBC Global Asset Management has announced the launch of the HSBC UK Sustainable Equity UCITS ETF, with the first day of trading on the London Stock Exchange (LSE) today. Offering a cost-efficient solution to invest in UK equities, the fund is the first UK sustainable equity ETF with a reduced carbon target. It is benchmarked against the customised FTSE UK ESG Low Carbon Select Net Tax Index, which targets a 20% ESG improvement and a 50% carbon emissions and fossil fuels reserves reduction...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.