Aberdeen Standard, JPMAM and MSIM unveil sustainable strategies as ESG deluge continues
Trio of asset managers add to the $1.25trn sustainable funds universe
Three large asset managers have brought sustainable products to market, including two emerging markets equity and one fixed income strategy, as the deluge of ESG funds continues.
Aberdeen Standard Investments and JP Morgan Asset Management unveiled sustainable emerging market equity funds on Monday, while Morgan Stanley Investment Management has launched a UK sustainable fixed income strategy.
According to Morningstar data, the total number of funds in the European sustainable fund universe stands at 2,898 and 3,774 on a global basis, as of end of September. Overall, global assets in these strategies hit $1.25trn in Q3 this year.