Clearbridge launches ESG-focused equity fund

ClearBridge Investments has launched a sustainable global value equity fund aiming to invest in “undervalued companies with improving ESG profiles”.

The FTGF ClearBridge Global Sustainability Improvers Fund is a sub-fund of the Franklin Templeton Global Funds plc range domiciled in Ireland and categorised as Article 8 under the EU’s Sustainable Finance Disclosure Regulation. 

The asset manager – a subsidiary of Franklin Templeton – shared that the fund aims to provide “long-term capital appreciation and invests in a concentrated portfolio of approximately 30-40 equity securities”.

Grace Su, portfolio manager, ClearBridge Global Sustainability Improvers Fund, commented: “Companies that address material ESG weaknesses reduce their operating risk, which can be a catalyst for unlocking shareholder value.

According to the firm, the fund utilisess its ESG research and rating system. It selects investments based on their potential for ESG improvement, tracks and evaluates sustainability goals, and removes companies that don’t meet the criteria  from the portfolio.

Jaspal Sagger, global head of product, Franklin Templeton, added: “Options for those wanting to participate in the journey towards a more sustainable world by supporting companies earlier in their sustainable journey are limited. 

Our goal is to provide clients with investment solutions across a range of sustainability preferences. Our expanding sustainability improvers offering complements our best-in-class and impact funds in providing that breadth of choice.”

The fund is registered  for distribution initially in the UK, Ireland, Italy and Spain.

© 2023 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