AXA IM’s ESG fund ‘recommended'
AXA Investment Managers' (AXA IM) fully integrated environmental, social and governance (ESG) smart beta equity pool fund has outperformed its benchmark by 4.69 per cent, while it also received a ‘recommended' rating from research house, Lonsec.
AXA's IM ACWI SmartBeta Equity fund received the ‘recommended' rating from Lonsec as it offered investors a low-fee, systematic approach to global equities, with less volatility than the benchmark, while it allowed for ESG considerations.
The fund also received a ‘high' Morningstar sustainability rating and responsible investment certification from the Responsible Investment Association Australasia (RIAA), AXA IM said.
Managed by AXA IM's Rosenberg Equities team, the fund was designed to give Australian long-term investors a more efficient way of capturing global equity market beta, while it avoided the limitations of both market cap-weighted indices and alternative weighted schemes, the firm said.
Since the fund launched it achieved an annualised return of 18.4 per cent.
Recommended for you
Global asset manager Janus Henderson could be acquired after receiving a non-binding acquisition proposal jointly from a private investment firm and venture capital firm.
Investment manager Salter Brothers has partnered with private equity firm Kilara Capital to launch an Australian sustainable investment platform focusing on decarbonisation.
Fresh off launching three active ETFs to the Australian market, Avantis Investors is already planning to expand its range with two further products next year.
Ausbil is growing its active ETF range with an ESG product in collaboration with sister company Candriam.
