Aberdeen Standard has launched an ESG Asian equity fund aligned with the UN Sustainable Development Goals.

The ASI Asian Sustainable Development Equity fund includes 30 to 60 stocks demonstrating “significant opportunities to identify and allocate capital to the unmet-needs highlighted by UN SDGs”, the firm said. The fund will also use active engagement will be used to “drive positive changes in corporate behaviour, increase the SDG alignment of our holdings, and encourage better disclosure of SDG alignment by companies”.

The fund is benchmarked to the MSCI AC Asia Pacific ex Japan Index (USD) and will be managed by Aberdeen’s Asia Pacific equities team.