State Street Global Advisors has launched an Article 8 fund, offering investors access to hard currency emerging market government debt.
The State Street Emerging Markets ESG Hard Currency Government Bond Index fund tracks the performance of the JPMorgan ESG EMBI Global Diversified index, which utilises an ESG scoring and screening methodology to tilt towards more sustainable issuers. State Street set to cut 1,500 jobs in repositioning effort Targeting USD-denominated sovereigns, the Luxembourg-domiciled fund was seeded with a $50m initial investment. Muzinich & Co unveils global market duration investment grade bond fund Jennifer Taylor, head of emerging market debt at State Street Global Advisors, said: "We hav...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
