Manulife IM launches sustainable Asia bond fund

Manulife Investment Management has launched a sustainable Asian bond fund for European investors.

The Manulife Global Fund (MGF) Sustainable Asia Bond fund is managed by Murray Collis, deputy CIO of fixed income for Asia ex-Japan, who will be supported by Endre Pedersen, Alvin Ong, Jimond Wong and Neal Capecci.

The portfolio invests in bonds from companies with superior ESG characteristics, includes a dedicated allocation to green, social, and sustainability bonds, and focuses on three major long-term sustainability themes, including climate change, ageing population, and corporate governance.

In response to Citywire Selector’s query, Endre Pederson said the investment process of the fund starts with the assessment of the global macro environment, followed by analysis of a broad range of sector opportunities, using the firm’s global sovereign ESG model.

Once attractive sectors and markets are identified, Manulife’s credit research team implements bottom-up, fundamental research within its ESG framework.

Alongside the MGF Sustainable Asia Bond fund, two additional Luxembourg-domiciled Ucits funds have also been made available for sale in Europe: the MGF Dragon Growth fund and MGF Asia Total Return Bond fund.

Additional funds from the Manulife platform will be launched into the European market this year.

The asset manager’s Asia fixed Income platform currently 11 Asian markets with more than $65bn in assets under management.

The firm was also included into the PRI Leaders’ Group 2020 for its climate reporting.

Andrew Arnott, head of wealth and asset management at Manulife Investment Management, United States and Europe said: ‘We are excited to launch a fund that combines two of our strongest capabilities for clients who have interest in Asia and ESG integration in fixed income.

‘Additionally, the availability of MGF Dragon Growth fund and MGF Asia Total Return Bond fund now offers a regional product suite for European investors looking to add diversity and exposure to their portfolio.’


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