This ESG screened approach focuses on corporate bonds issued in emerging markets worldwide, typically in hard currencies (primarily USD), while aiming to deliver a portfolio with a higher ESG rating than the overall market.
The strategy has the flexibility to invest in any corporate issuer of fixed income securities in emerging markets and seeks to invest wherever we see most attractive value.
Our approach is based on in-depth fundamental analysis of corporate bonds. ESG criteria are assessed as part of the credit analysis of bond issuers, and act as an additional filter to the fund’s exclusion policies.
Companies deemed to be in breach of the United Nations Global Compact principles and/or involved in defence and weapons are excluded, while other industries, including tobacco, are restricted.