Mirabaud unveils bond fund to address climate change

green_bonds7Mirabaud Asset Management has launched a fund that will invest in green bonds issued for climate-related and low carbon investments.

The Mirabaud Global Climate Bond fund will follow an engagement programme that targets a reduction in emissions while also focusing on enhancing disclosures around climate change risks.

The fund is benchmarked against the Barclays Global Aggregate Bond Index, and the portfolio itself will maintain a weighted average temperature of sub 2°C and net zero in line with the Paris Agreement targets, the Swiss fund manager said. 

Andrew Lake, head of fixed income, and Fatima Luis, senior fixed income portfolio manager will manage the fund, working closely alongside the group’s dedicated and highly experienced SRI team. 

Lake said: “The warming of our planet, which is already on an unsustainable path, will have a significant impact upon our environment, economies, health, and future. 

“As investors, we have a responsibility to future generations and to our planet to make sure that companies and countries adhere to high levels of environmental governance and climate reduction targets. This may sound dramatic, but the choice really is that stark.”

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