Union Investment unveils sustainable development fund

Frankfurt-based asset manager Union Investment has launched a fund that uses the United Nations’ sustainable development goals as criteria in its investment process.

Aimed at institutional investors, the UniInstitutional SDG Equities fund invests in companies around the world that operate in business sectors connected to the UN goals.

The fund’s investment universe comprises around 1,200 companies, of which around 60 were selected for the concentrated portfolio. They include companies in the water management, healthcare, renewable energy and green transport sectors.

Companies are eligible for the fund’s investment universe if over 20% of their revenue comes from activities that are relevant to the sustainable development goals. Across the fund, the average revenue from goal-related activities must be 50%.

Jörg Schneider, portfolio manager at Union Investment, said this policy ensured that at least half of the fund’s assets were being used for sustainable investment purposes.

©2018 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