Nomura Asset Management has launched the American Century Emerging Markets Sustainable Impact Equity fund.

The fund, a joint venture between Nomura Asset Management and American Century Investments (ACI), will invest in around 70 companies mostly in emerging markets that meet the United Nations Sustainable Development Goals. It will be benchmarked to the MSCI Emerging Markets Index.

The fund will be by ACI senior portfolio managers Patricia Ribeiro and Sherwin Soo.