Lombard Odier IM partners up for climate change bond fund

Lombard Odier Investment Managers (LOIM) has launched its LO Funds-Global Climate Bond Fund in partnership with Affirmative Investment Management, a fixed income manager specialising in impact strategies.

Climate bonds are debt issued by governments, supranational entities, municipalities and corporations to finance activities designed to help the world mitigate or adapt to climate change and its effects.

A more common name for these debt instruments are green bonds, a market that has grown 159% year-on-year since 2013, according to Lombard.

The fund uses a diversified investment grade portfolio, which seeks to invest in organisations working for a low carbon and climate resilient economy, whilst targeting a higher yield than a typical investment grade portfolio.

Lombard said this type of product is increasingly attractive to investors who want to make a positive impact on the environment but not lose returns.

Lombard had 223 billion Swiss francs (€209 billion) under management, as of the end of June last year.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
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

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST