Clicky

Altius AM launches Sustainable Bond Fund

Boutique fund manager, Altius Asset Management has launched a new product - the Altius Sustainable Bond fund.

Announcing the launch this week, the company described the product as being "a diversified Australian fixed interest portfolio designed to align with investors' personal and social values without compromising investment returns over the long term".

Commenting on the product, Altius chief investment officer, Bill Bovingdon said he believed every well-diversified investment portfolio should include an exposure to bonds but investors seeking responsible investment choices in fixed income have had few options available to them.

Related News:

"Unfortunately there are limited investment options available to investors looking for fixed interest investments managed with regard to environmental, social and corporate governance principles. As a result, fixed income may have been left out of their investment portfolios, which has restricted diversification and performance," he said.

Explaining the product, Bovingdon said bonds would automatically be excluded from the fund's investment universe if the primary business activity of the issuer was clearly at odds with the fund's ESG principles. This includes activities such as production of armaments, uranium and tobacco.

"The remaining investment universe is screened in line with the Altius Sustainability Policy, with companies in the universe given a sustainability rating which is incorporated into the portfolio construction process," he said.




Related Content

US stocks being over-priced is ‘fake news’

It is ‘false news’ to suggest US stocks are over-priced, according to Magellan chairman and chief investment officer, Hamish Douglass.Speaking dur...Read more

Matt Wacher announced as new Morningstar CIO

Matt Wacher has been appointed as chief investment officer for Morningstar Investment Management, Asia Pacific, effective from late January at which p...Read more

OneVue appoints CIO

OneVue has bolstered its cybersecurity team and increased its focus on planning for growth with the appointment of Anne Coull as chief information off...Read more

Author

Comments

Add new comment