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What’s New In Investments, Funds? – AllianceBernstein, Capital Group

1 March 2024

AllianceBernstein
, a global active asset manager, with assets under management of more than $2.5 trillion, has just launched three global, multi-thematic sustainable funds designed to meet demand from investors in Europe and Asia.

The Luxembourg-domiciled UCITS funds include a global equity fund – Capital Group Sustainable Global Opportunities Fund (LUX), a fixed income fund – Capital Group Sustainable Global Corporate Bond Fund (LUX), and a multi-asset fund – Capital Group Sustainable Global Balanced Fund (LUX).

In building its sustainable funds, the firm identified seven sustainable investment themes aligned to the United Nations Sustainable Development Goals (UN SDGs) which capture a large universe of companies that can offer compelling long-term investment opportunities. The funds are classified as Article 8 under the EU Sustainable Finance Disclosure Regulation.

“We believe our global, multi-thematic approach to constructing these funds broadens and deepens the investment opportunity set for investors. The three funds, in core asset classes, respond to the evolving needs of our clients in Europe and Asia, and gives them a clear proposition to consider in sustainable investing,” Guy Henriques, president of Europe and Asia client group, Capital Group, said.

Capital Group added that its sustainable investing capabilities draw on its deep, fundamental research, leveraging a global team of more than 470 investment professionals and more than 40 ESG specialists, including data scientists and technology specialists.