Coronation adds ESG emerging markets fund

Coronation has announced the launch of the Coronation Sustainable Global Emerging Markets Fund.

The fund looks to outperform the MSCI Emerging Markets Index and exclude companies that do not meet specific ESG criteria, such as coal-based companies. It is managed by portfolio managers Suhail Suleman and Lisa Haakman.

Suhail Suleman, Portfolio Manager at Coronation, says: “We are excited to offer our clients access to this new portfolio that incorporates sustainability considerations and uses tighter risk parameters in portfolio construction. It builds on our existing emerging markets capability, which has to date delivered significant alpha to long-term investors, but may not always be suitable for those with differing risk tolerance. We will seek to identify the best sustainable investment ideas within the emerging markets universe and look to buy them at attractive valuations.”