HSBC Global Equity Climate Change FoF NFO: A green investment strategy
Hari Viswanath
BL Research Bureau |
Updated on
March 13, 2021
×
The open-ended fund of funds invests in overseas firms that provide solutions for the climate challenge Sustainable investing has picked up pace in the past few years with billions of dollars flowing in. One of the key subsets of ESG is climate change, a major area of interest in current times.
Against this backdrop, HSBC Global Asset Management has launched HSBC Global Equity Climate Change Fund of Fund (HGECF), an open-ended fund of funds (FoF) that invests in a basket of overseas companies that provide solutions for the climate challenge.