The latest news on investment offerings, financial products and other services relevant to wealth management advisors and their clients.
Manulife Investment Management
This week, Manulife Investment Management launched the Manulife Global Fund – Global Climate Action Fund allowing European institutional investors to invest in organizations that help achieve net zero, under Article 9 of the SFDR.
Article 9 of the Sustainable Financial Disclosure Regulation seeks long-term capital growth by investing in organizations that make a positive contribution to climate change, the company said in a statement.
It meets the investment needs of investors with solutions that aim to reduce carbon emissions while seeking to generate long-term sustainable investment returns through equity investments.
“European investors are acutely aware of the impact of their actions on the environment and are demanding innovative investment solutions that focus on and measure climate action,” said Patrick Blais, head of the fundamental equity team at Manulife Investment Management.
“We believe that companies that are nimble and able to align policies and practices to reduce their carbon emissions while creating strong financial returns are bound to be more attractive to investors, have greater potential for outperformance and may represent less risk for long-term investors,” he added.
The company launched the Global Climate Action strategy in Canada early last year and it is now available to European institutional investors through the fund, the company added.
The fund seeks to invest in companies considered by the investment manager to be compliant with the principles of the Paris Agreement and making a positive contribution to climate change.
“While some funds focus on passive investing in companies that have low greenhouse gas emissions, we also seek to invest in companies that have the potential to significantly reduce their emissions, seeking companies that have embedded science-based goals into their business to ensure long-term measurable impact, which should help accelerate the achievement of net zero goals,” he added.
“The launch of this and other sustainability-focused Manulife Global Fund sub-funds to European institutional clients showcases our ESG capabilities and the importance of aligning with the Accord framework. Paris on our journey to a low-carbon future. It also illustrates our holistic approach to investing to seize opportunities for European investors across all markets,” said Marco Zanuso, Head of EMEA Distribution at Manulife Investment Management.
Manulife Investment Management also announced the expansion of its range of Manulife Global sub-funds available to European investors: Sustainable Asia Equity Fund under Article 8, Asian High Yield Fund and US Small Cap Equity Fund.