Invesco, one of the world’s leading asset managers announces the launch of the Invesco Sustainable Global Income Fund.
The Fund offers investors the opportunity to invest for income and capital growth whilst supporting the transition to a low carbon economy over the medium to long term. The Fund invests in corporate bonds, government bonds and global equities.
The portfolio is constructed using a combined approach of identifying key trends in the global economy along with research into individual companies. The work carried out by our credit and equity analysts allows us to build a strong picture of both a company’s financial and environmental profile.
The Invesco Sustainable Global Income Fund is SFDR classified as an Article 9 fund, investing in companies and governments with strong climate characteristics and will also apply a number of sector exclusions, excluding companies that take a certain amount of their revenue from non-sustainable sources. The Fund is managed by Alexandra Ivanova and Edward Craven in the fixed interest team and Stephen Anness and Andrew Hall in global equities.
The investment managers aim to achieve income and capital growth by building a flexible equity and bond portfolio, with the aim of providing a steady income stream through its bond allocation, which should also assist in limiting any market volatility. At the same time providing shareholder value through its equity allocation.
The Fund is managed by Invesco’s long established and award-winning fixed interest team responsible for over £25bn in AUM, as well as the global equity team who manage over £5bn in AUM, and who carry out 250-350 company meetings per year, to support the outcomes that matter most to our clients. In addition, whilst the portfolio decisions are made by the investment teams, they are supported by 22 ESG specialists in the global ESG team, led by Cathrine de Coninck-Lopez and a dedicated ESG risk analyst within the fixed interest team.
Alexandra Ivanova, Fund Manager, said: “Working with our clients has helped us tailor a portfolio that is very targeted to their needs. This Fund is not a green bond fund or a low carbon fund. It is a fund that invests in companies that use very active stock picking and securities selection. We are seeking to finance companies that can make a difference, utilising our in-depth macro and credit research to identify companies with strong climate attributes relative to their peers.”
Oliver Bilal, Head of EMEA Distribution, said: “The Invesco Sustainable Global Income Fund is a perfect addition to our existing range, which includes a global income strategy and an environmental bond strategy. We believe the new fund provides a good entry point for investors looking for an investment that supports not only their income goal but who want to invest in companies to support the transition to a low carbon economy.”
The Fund is available to retail and institutional investors with share classes of the Fund already registered across a number of European regions and is now available in the UK.
