State Street GA launches low-carbon index fund

State Street Global Advisors has launched a fund based on the MSCI World Select 5-Factor ESG Low-Carbon Target Index.

The index aims to efficiently balance risk and returns by targeting a blend of smart beta factors and ESG characteristics.

It targets five well established equity factors, improved ESG scores and a reduction in carbon emissions and reserves intensity.

Ana Harris, head of equity indexed strategies at State Street GA, said: “A careful bottom-up portfolio construction process, which utilises optimisation, is a necessary element to ensure any trade-offs are well managed and that both factor and ESG exposures are attained most effectively.”

The fund will sit within the State Street Authorised Contractual Scheme (ACS) range, allowing UK pension funds to benefit from double taxation agreements.

©2018 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST